Flash Report 3 minutesRegister for Free AccessCtrip (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? Register for a free user account. This document was generated for Other research you may be interested in: Head-to-Head in US Drugstore Retailing: CVS Health vs. Walgreens Boots AllianceWalmart To Shut Down Health Centers and Virtual Care Services—Exploring The Reasons and ImplicationsMarket Outlook: US Department Stores—Innovation Amid New Challenges4Q23 US Livestreaming Tracker: Trust and Quality Drive Purchase Decisions in Live-Video Commerce
