Ctrip (TCOM, Financial) posted impressive gains in the Hong Kong stock market, closing up by 5.8%. This strong performance led to a 5.22% increase in its U.S. pre-market shares, which were priced at $64.5.
The company's third-quarter revenue reached 15.9 billion yuan, marking a year-over-year increase of 15.63%, surpassing its earlier guidance of 13%-14% growth. Net income was reported at 15.873 billion yuan, reflecting a 15.52% increase, while net profit surged by 46.59% to 6.765 billion yuan.
Ctrip's domestic and international travel businesses both showcased robust growth, contributing significantly to the company's strong quarterly performance.
