Brief: Tuniu's Q4 Revenue Up 0.3 Pct To RMB 471.2 Mln

Tuniu

28/02/2019 10:55

Feb 28 (Reuters) - Tuniu Corp  TOUR.O :
    * TUNIU ANNOUNCES UNAUDITED FOURTH QUARTER AND FISCAL YEAR
2018
FINANCIAL RESULTS
    * Q4 REVENUE ROSE 0.3 PERCENT TO RMB 471.2 MILLION
    * SAYS REVENUES FROM PACKAGED TOURS IN Q4 OF 2018 INCREASED
BY
23.3% YEAR-OVER-YEAR TO RMB357.6 MILLION
    * REVENUES FROM PACKAGED TOURS IN Q4 OF 2018 INCREASED BY
23.3%
YEAR-OVER-YEAR TO RMB357.6 MILLION (US$52.0) MILLION
    * GROSS MARGIN IN Q4 OF 2018 WAS 57.3%, COMPARED TO A GROSS
MARGIN
OF 50.0% IN Q4 OF 2017
    * FOR Q1 OF 2019, TUNIU EXPECTS TO GENERATE RMB432.5 MILLION
TO
RMB456.5 MILLION OF NET REVENUES, WHICH REPRESENTS 5% TO 10%
DECREASE YEAR-OVER-YEAR
    * QTRLY LOSS PER SHARE $0.02

Source text for Eikon:  ID:nPn6BGxkna 
Further company coverage:  TOUR.O 

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