Tuniu Corp: Falls as Q1 revenue more than halves
03/06/2021 11:33
** Shares of China-based online travel agency TOUR.O fall
2% premarket to $2.45
** Stock set to open at its lowest in more than one week
** Co's Q1 rev more than halves to 77.4 million yuan
($12.12 million) due to the impact of the COVID-19 outbreak
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** But loss per share narrows to 0.33 yuan, from a loss of
1.62 yuan a year earlier, helped by a 71% drop in spending on
marketing and sales
** Co sees Q2 rev between 142.9 mln yuan and 149.7 mln yuan
** Stock up 42% YTD
($1 = 6.3845 Chinese yuan)
(Reporting by Ambar Warrick in Bengaluru)
((Ambar.Warrick@thomsonreuters.com; +91-80-6182-2837; Reuters
Messaging: ambar.warrick.thomsonreuters.com@reuters.net;
Twitter: @AmbarWarrick))