Flash ReportCtrip (CTRP) 3Q16 RESULTS: EARNINGS BEAT ON IMPROVED OPERATING EFFICIENCY; ANNOUNCES SKYSCANNER ACQUISITION Coresight Research November 25, 2016 Executive Summary Ctrip, China’s leading online travel agent, reported strong 3Q16 revenues of ¥5.6 billion, up 75.1% year over year. Non-GAAP net profit of ¥0.58 billion beat the consensus estimate of ¥0.34 billion, but was down 77.2% year over year. Management guided for net revenue growth of approximately 70-75% year over year for 4Q16. The company plans to expand further overseas and develop a comprehensive global travel ecosystem to better serve existing and potential customers. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Holiday 2025 Survey Insights: Government Shutdown Impacts One-Third of Holiday ShoppersSector Focus: Department Stores—Data GraphicDownward Trend in Economic Expectations Ends: Weekly US Consumer Sentiment, Week 17, 2025—InfographicSycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion Deal
