bullish
Tongcheng Travel (780 HK) - Expecting Inline 1Q Results
For 1Q25E, we expect Tongcheng Travel (TC) would record revenue of RMB4.35bn, up 12% YoY, and ink non-GAAP net profit of RMB737mn, up 32% YoY, both inline with Bloomberg consensus.
What is covered in the Full Insight:
- Introduction
- 1Q25 Results Preview
- Overall Travel Demand
- Valuation and Risks
- Earnings Summary
SUMMARY
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Full Insight
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