Flash ReportCtrip (CTRP) 3Q16 RESULTS: EARNINGS BEAT ON IMPROVED OPERATING EFFICIENCY; ANNOUNCES SKYSCANNER ACQUISITION Coresight Research November 25, 2016 Executive Summary Ctrip, China’s leading online travel agent, reported strong 3Q16 revenues of ¥5.6 billion, up 75.1% year over year. Non-GAAP net profit of ¥0.58 billion beat the consensus estimate of ¥0.34 billion, but was down 77.2% year over year. Management guided for net revenue growth of approximately 70-75% year over year for 4Q16. The company plans to expand further overseas and develop a comprehensive global travel ecosystem to better serve existing and potential customers. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Financial Sentiment Turns Negative; Tariff Pessimism Deepens; Inflationary Trade-Down Persists: US Consumer Survey InsightsUnlock the Untapped Potential of AI-Powered MarTech: Coresight Research Premium Subscriber Call, April 20252025 Tariffs: Impacts on the US Consumer Economy—InfographicHoliday Bites: US Holiday Travelers Plan To Spend Less—Data Graphic
