Ctrip Group: Net operating revenue of 15.9 billion yuan in the third quarter, up 16% year-on-year
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On November 19th, Ctrip Group announced on the Hong Kong Stock Exchange that its net operating revenue for the third quarter of 2024 was 15.9 billion yuan, a year-on-year increase of 16%, mainly due to the increasingly strong demand for tourism. Net operating income increased by 24% month on month, mainly due to seasonal factors. The net profit attributable to Ctrip Group shareholders in the third quarter was 6.8 billion yuan, compared to 4.6 billion yuan in the same period of 2023 and 3.8 billion yuan in the previous quarter.
Outbound hotel and flight bookings have fully recovered to 120% of the same period before the 2019 pandemic.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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