Tuniu (TOUR) has released an update.
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Tuniu Corporation, a premier online leisure travel agency in China, reported a robust financial performance for Q2 2024, with a significant year-over-year revenue increase of 28.6% in their core packaged tours segment, reaching RMB89.8 million. The company achieved a notable rise in gross profit by 29.1% and a substantial growth in net income to RMB43.0 million, marking a new quarterly record since its listing. This success is attributed to strategic focus on quality and product offerings, alongside adapting to consumer behavior through enhanced new media operations.
For further insights into TOUR stock, check out TipRanks’ Stock Analysis page.
