Tongcheng Travel Holdings Limited (HK:0780) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Tongcheng Travel Holdings Limited reported a significant 51.3% increase in revenue for the third quarter of 2024, reaching RMB4,991.5 million compared to the same period last year. The company’s adjusted EBITDA and net profit also showed robust growth, rising by 51.6% and 46.6% respectively. These results reflect Tongcheng’s strong performance in expanding its traveler base and optimizing its operational segments.
For further insights into HK:0780 stock, check out TipRanks’ Stock Analysis page.