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Ctrip Group-S rose more than 4% after the performance results were announced, with a year-on-year increase in net income attributable to the mother of 46.59% in the third quarter.
Ctrip Group-S (09961) rose 4.56% after the earnings report, currently at 500 Hong Kong dollars, with a transaction amount of 0.201 billion Hong Kong dollars. Ctrip Group-S released its financial results for the third quarter of 2024, reporting total revenue of 15.9 billion yuan (RMB, the same below), an increase of 15.63% year-on-year; net income of 15.873 billion yuan, an increase of 15.52% year-on-year.
Ctrip (09961) released its Q3 2024 financial report, creating performance enhancements for millions of partners.
On November 19, Trip.com Group (nasdaq: TCOM; Hong Kong Stock Exchange: 9961) released its unaudited financial report for the third quarter of 2024.
Ctrip Group - S (09961.HK): Net revenue for the third quarter reached 15.9 billion yuan, a 16% year-on-year increase.
On November 19, Gelonghui announced that in the third quarter of 2024, Ctrip Group-S (09961.HK) achieved a net revenue of 15.9 billion yuan ($2.3 billion), a 16% year-on-year increase. The net income for the third quarter was 6.8 billion yuan ($0.970 billion), compared to 4.6 billion yuan in the same period of 2023. Adjusted EBITDA for the third quarter was 5.7 billion yuan ($0.88 billion), compared to 4.6 billion yuan in the same period of 2023. Outbound hotel and flight bookings in the third quarter have fully recovered to pre-2019 pandemic levels.
Trip.com Q3 Non-GAAP Income, Net Revenue Increase
Ctrip Group's third-quarter revenue exceeded expectations.
Ctrip Group Co., Ltd. reported third-quarter revenue of 15.9 billion yuan, a year-on-year increase of 16%, with an estimate of 15.65 billion yuan. The third-quarter performance achieved revenue of 15.9 billion yuan, a year-on-year increase of 16%, with an estimate of 15.65 billion yuan (Bloomberg consensus estimate). Lodging booking revenue was 6.8 billion yuan, a year-on-year increase of 22%, with an estimate of 6.8 billion yuan. Transportation ticket revenue was 5.65 billion yuan, a year-on-year increase of 5.3%, with an estimate of 5.53 billion yuan. Other revenue was 1.23 billion yuan, a year-on-year increase of 41%, with an estimate of 1.03 billion yuan. Adjusted earnings per ADS received.
TRIP.COM-S: ANNOUNCEMENT OF THE THIRD QUARTER OF 2024 RESULTS
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