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Tuniu ( (TOUR) ) has issued an update.
Tuniu Corporation announced its unaudited financial results for the fourth quarter and fiscal year 2024, highlighting a significant turnaround with a net income of RMB83.7 million in 2024 compared to a net loss in 2023. The company achieved its first full-year GAAP profit since listing on Nasdaq, driven by a 22.2% increase in revenues from package tours and strategic collaborations with online and offline partners. The results indicate a strong recovery and strategic positioning in the leisure travel industry, with implications for continued innovation and development in 2025.
More about Tuniu
Tuniu Corporation is a leading online leisure travel company in China, primarily offering package tours and other travel-related services. The company focuses on enhancing its supply chain and expanding its product offerings to cater to a diverse customer base.
YTD Price Performance: 7.92%
Average Trading Volume: 187,720
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $136.2M
See more insights into TOUR stock on TipRanks’ Stock Analysis page.
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