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Online travel company Tongcheng-Elong reports flat revenue in Q3

11/22/2021| 6:45:59 PM| ChinaTravelNews 中文

Average MAUs increased by 12.7% year-to-year to 276.9 million.

Tongcheng-Elong, a Chinese online travel company invested by Trip.com Group and Tencent, announced the unaudited consolidated results of the Group for the three and six months ended September 30, 2021, together with comparative figures for the same period of 2020.

• Revenue increased by 1.3% year-to-year to RMB1,939.4 million from RMB1,914.5 million in the same period of 2020.

• Adjusted EBITDA increased by 5.4% from RMB499.3 million in the third quarter of 2020 to RMB526.3 million in the same period of 2021. Adjusted EBITDA margin increased from 26.1% in the same period of 2020 to 27.1%.

• Adjusted net profit decreased by 5.6% from RMB372.5 million in the third quarter of 2020 to RMB351.5 million in the same period of 2021. Adjusted net margin decreased from 19.5% in the same period of 2020 to 18.1%.

• Average MAUs increased by 12.7% year-to-year from 245.8 million in the same period of 2020 to 276.9 million.

• Average MPUs increased by 12.8% year-to-year from 29.8 million in the same period of 2020 to 33.6 million.

• Paying users for the twelve-month period ended September 30, 2021 increased by 29.6% year-to-year from 151.3 million in the same period of 2020 to 196.1 million.

TAGS: Tongcheng-Elong | financial results
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