tiprankstipranks
Tuniu Reports Record Q2 Profits and Revenue Growth
Company Announcements

Tuniu Reports Record Q2 Profits and Revenue Growth

Tuniu (TOUR) has released an update.

Don't Miss our Black Friday Offers:

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.

Related Articles
TipRanks Auto-Generated NewsdeskTuniu Meets Nasdaq Listing Requirements
TheFlyTuniu regains compliance with Nasdaq
TheFlyTuniu enters strategic cooperation with Tourism Authority of Thailand
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App