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Tuniu Announces Unaudited Fourth Quarter and Fiscal Year 2024 Financial Results and Cash Dividend

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Information

NANJING, China , March 14, 2025 /PRNewswire/ -- Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Co...

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AI Summary

Tuniu's 2024 revenues rose 16.4%, showing recovery post-pandemic. Net income reached RMB83.7 million, compared to a loss in 2023. Operating expenses decreased significantly, contributing to profit improvement. Company plans growth via new media channels and product lines. Cash dividend of US$0.012 per share announced, enhancing shareholder value.

Sentiment Rationale

Tuniu's profitable year and growth plans signal potential stock price appreciation. Past recoveries in travel stocks following earnings improvements support this outlook.

Trading Thesis

Immediate effects expected due to dividend announcement and earnings report, prompting investor interest.

Market-Moving

  • Tuniu's 2024 revenues rose 16.4%, showing recovery post-pandemic.
  • Net income reached RMB83.7 million, compared to a loss in 2023.
  • Operating expenses decreased significantly, contributing to profit improvement.

Key Facts

  • Tuniu's 2024 revenues rose 16.4%, showing recovery post-pandemic.
  • Net income reached RMB83.7 million, compared to a loss in 2023.
  • Operating expenses decreased significantly, contributing to profit improvement.
  • Company plans growth via new media channels and product lines.
  • Cash dividend of US$0.012 per share announced, enhancing shareholder value.

Companies Mentioned

  • TRIP (TRIP)
  • EXPE (EXPE)
  • CCR (CCR)

Earnings

Strong financial results and positive guidance likely to attract investor attention, impacting stock performance.

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