Ctrip's net profit for the first quarter of fiscal year 2024 was 4.312 billion yuan, an increase of 27.76% year over year.

On June 4th, Trip.com (stock code: TCOM) announced its financial report, which showed that the net profit attributable to common shareholders for the first quarter of fiscal year 2024 was 4.312 billion yuan, a year-on-year increase of 27.76%; operating revenue was 11.905 billion yuan, a year-on-year increase of 29.43%.

Trip.com Group Limited was established on March 3, 2000. Today, the company is a leading one-stop travel platform globally, offering a complete set of travel products, services, and differentiated travel content. For Chinese tourists, as well as an increasing number of travelers from around the world, the company is their preferred travel platform, encouraging them to explore travel, inspiring their travel ideas, helping them access comprehensive information to make cost-effective travel bookings, providing support during their journeys anytime and anywhere, and encouraging them to share their travel experiences. Users can make any type of travel booking through the company’s platform, from in-destination activities, weekend getaways, and short trips, to cross-border travel and business travel, everything is available. The company’s diverse product and service portfolio covers options for economy, high-end, customized, and boutique travel, attracting an ever-growing user base both domestically and globally. Founded in 1999, according to the Analysys Report, the company is now the most recognized travel brand in China and has maintained a leading market position for over the past 20 years. According to the Analysys Report, based on gross merchandise value (or GMV), the company has been the largest online travel platform in China for the past 10 years and the largest online travel platform globally from 2018 to 2020.

(Data source: Tonghuashun (300033) iFinD)