Ctrip enjoys 50% jump in Q1 profit
Online travel agency Ctrip.com enjoyed a 50 percent profit growth year on year in the first quarter, thanks to an increase in young customers and overseas expansion.
Operating profit reached 885 million yuan (US$130.1 million) as revenue jumped 21 percent to hit 8.2 billion yuan, beating Wall Street analysts鈥 expectation of US$1.18 billion.
鈥淲e are pleased that our first-quarter results reflected our faith in the outlook of the travel industry in China as well as our own ability to execute and embrace the changes in this industry,鈥 said James Liang, Ctrip鈥檚 executive chairman.
Ctrip鈥檚 international businesses sustained robust growth in the first quarter. Revenue generated from international business increased to 35 percent of total revenue, thanks to outbound travelers from China, Ctrip said.
In the first quarter, Ctrip鈥檚 daily active user base reached 210 million, with the addition of more young consumers.
In the second quarter, Ctrip expects revenue growth of 16 to 21 percent, thanks to booming tourism demand in China.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.