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Tuniu's net profit for the first quarter of fiscal year 2024 was 13.911 million yuan, an increase of 298.25% year-over-year.
On June 4, Tuniu (stock code: TOUR) announced its financial report, revealing that the net profit attributable to common shareholders for the first quarter of fiscal year 2024 was 13.91 million yuan, a year-on-year increase of 298.25%; operating revenue was 108 million yuan, a year-on-year increase of 70.87%.
Tuniu was established in December 2006 and is the first Chinese company focused on online leisure travel in the U.S. stock market. Thanks to the rapid development of China’s online leisure travel market and widespread customer support, Tuniu has maintained the largest market share in China’s online leisure travel sector since the fourth quarter of 2015. By the end of 2018, Tuniu had over 16,500 cooperative travel service providers, offering more than 2.2 million packaged travel products, including group tours and self-guided tours, as well as a rich variety of individual travel products such as air tickets, hotels, and visas. As of March 2019, Tuniu had served over 108 million travelers, receiving more than 6 million customer reviews, with an overall product satisfaction rate of 93%.
(Data source: Tonghuashun (300033) iFinD)