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An announcement from Tongcheng Travel Holdings Limited ( (HK:0780) ) is now available.
Tongcheng Travel Holdings Limited reported a significant financial performance for the first quarter of 2025, with a 13.2% increase in revenue to RMB4,377.4 million compared to the same period in 2024. The company also saw a substantial rise in adjusted EBITDA and net profit, showcasing a strong operational performance. The growth in average monthly paying users and accumulated number of travelers served indicates a robust market presence and increased consumer engagement. These results highlight Tongcheng Travel’s strengthened position in the competitive online travel agency sector, potentially benefiting stakeholders through improved profitability and market expansion.
The most recent analyst rating on (HK:0780) stock is a Buy with a HK$20.00 price target. To see the full list of analyst forecasts on Tongcheng Travel Holdings Limited stock, see the HK:0780 Stock Forecast page.
More about Tongcheng Travel Holdings Limited
Tongcheng Travel Holdings Limited operates in the online travel agency (OTA) industry, primarily offering services such as accommodation reservations and transportation ticketing. The company is focused on the Chinese market, providing a platform for travelers to book various travel-related services.
Average Trading Volume: 17,541,582
Technical Sentiment Signal: Buy
Current Market Cap: HK$47.26B
See more insights into 0780 stock on TipRanks’ Stock Analysis page.
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