Welcome to our dedicated page for Tuniu news (Ticker: TOUR), a resource for investors and traders seeking the latest updates and insights on Tuniu stock.
Tuniu Corporation (NASDAQ: TOUR) is described in its public disclosures as a leading online leisure travel company in China, focused on packaged tours and travel-related services for leisure travelers. The news and press releases associated with TOUR provide regular updates on the company’s financial performance, capital actions and listing status, making the TOUR news stream relevant for investors and observers of China’s online travel sector.
In its quarterly earnings announcements, Tuniu reports net revenues, revenues from packaged tours and other revenues, cost of revenues, gross profit, operating expenses and net income or loss. Management commentary in these releases often highlights trends in organized tours, self-guided or self-drive tours, and changes in other revenue sources such as commission fees and advertising service fees. These earnings releases also include non-GAAP financial measures with reconciliations to GAAP figures.
Tuniu’s news flow also covers corporate actions and shareholder-related developments. The company has announced share repurchase programs authorized by its board of directors, updates on the number of American Depositary Shares repurchased and total consideration paid, and the declaration of a cash dividend with specified record and payment dates. In addition, Tuniu has issued press releases about receiving a minimum bid price notice from Nasdaq, transferring its ADS listing from the Nasdaq Global Market to the Nasdaq Capital Market and obtaining an extended compliance period.
Other news items include notices of upcoming earnings release dates and related conference calls, along with dial-in details and webcast availability. Together, these disclosures provide a continuous view of Tuniu’s financial reporting cycle, capital allocation decisions and listing compliance matters. Readers following TOUR news can use this information to track how the company’s packaged tour business and travel-related services evolve over time within the Chinese leisure travel market.
Tuniu (NASDAQ:TOUR), a leading online leisure travel company in China, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission. The report is accessible through the company's investor relations website at http://ir.tuniu.com or the SEC's website at www.sec.gov.
Shareholders and ADS holders can request a free hard copy of the annual report containing audited consolidated financial statements by contacting the Investor Relations Department at the company's Nanjing headquarters.
Tuniu (NASDAQ: TOUR) reported strong financial results for fiscal year 2024, achieving its first full-year GAAP profit since Nasdaq listing. Package tour revenues increased 22.2% year-over-year to RMB407.5 million (US$55.8 million), while gross profit grew 21.9% to RMB358.0 million.
The company recorded a net income of RMB83.7 million in 2024, compared to a net loss of RMB101.1 million in 2023. Operating income reached RMB63.3 million, marking a significant turnaround from 2023's operating loss of RMB101.9 million.
For Q1 2025, Tuniu expects net revenues between RMB116.6-122.0 million, projecting 8-13% year-over-year growth. The company also declared a cash dividend of US$0.036 per ADS, totaling approximately US$4.2 million, payable in April 2025. Additionally, under its share repurchase program, Tuniu has bought back 7.9 million ADSs for about US$7.3 million.
Tuniu (NASDAQ:TOUR), a leading online leisure travel company in China, has scheduled the release of its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. The results will be announced before market opening on March 14, 2025.
The company will host an earnings conference call at 8:00 am U.S. Eastern Time (8:00 pm Beijing/Hong Kong Time) on the same day. A telephone replay service will be available for one hour after the conference call through March 21, 2025. Investors can also access a live and archived webcast of the conference call through the company's investor relations website.
Tuniu (NASDAQ: TOUR) reported its Q3 2024 financial results, achieving its highest quarterly profit since listing. Net revenues increased 4.4% year-over-year to RMB186.0 million (US$26.5 million), driven by a 6.2% growth in packaged tours revenue to RMB159.3 million.
The company recorded a net income of RMB43.9 million (US$6.3 million), up from RMB39.1 million in Q3 2023. Operating income was RMB29.2 million, with gross profit rising 6.1% to RMB121.8 million. For Q4 2024, Tuniu expects net revenues between RMB100.0-105.0 million, representing a 0-5% year-over-year increase.
The company has repurchased approximately 6.2 million ADSs for US$5.6 million under its US$10 million share repurchase program initiated in March 2024.
Tuniu (NASDAQ:TOUR), a leading online leisure travel company in China, announced it will release its unaudited financial results for the third quarter ended September 30, 2024, before market opens on December 5, 2024. The company will host an earnings conference call at 8:00 am U.S. Eastern Time (9:00 pm Beijing/Hong Kong Time) on the same day. A telephone replay will be available until December 12, 2024, and a webcast will be accessible at http://ir.tuniu.com/.
Tuniu (Nasdaq: TOUR), a leading online leisure travel company in China, has regained compliance with Nasdaq's minimum bid price requirement. The company received a compliance notice from Nasdaq on October 16, 2024, confirming that it has met the Nasdaq Listing Rule 5450(a)(1).
Previously, on August 6, 2024, Tuniu had received a deficiency notice from Nasdaq, indicating that its American depositary shares (ADSs) had been trading below the minimum bid price of $1.00 for 31 consecutive business days. The company was given a 180-day compliance period to rectify this issue.
Tuniu successfully met the requirement by maintaining a closing bid price of $1.00 or greater for its ADSs for over 10 consecutive business days. As a result, Nasdaq has confirmed Tuniu's compliance, and the matter is now closed.
Tuniu (Nasdaq: TOUR), a leading online leisure travel company in China, has signed a Letter of Intent (LOI) with the Tourism Authority of Thailand (TAT) on August 30, 2024. This strategic cooperation aims to enhance the travel experience for Chinese tourists in Thailand. Key points include:
1. Thailand is a popular destination for Chinese tourists, with Tuniu's packaged tours to Thailand increasing over 160% year-over-year from January to July 2024.
2. The partnership focuses on strengthening promotion and communication efforts.
3. TAT aims to drive sustainable growth in Thailand's digital economy and improve travel convenience for Chinese tourists.
4. Tuniu plans to leverage its product innovation and new media channel promotion to offer diverse, high-quality products and services for Chinese tourists visiting Thailand.
Tuniu (Nasdaq: TOUR), a leading online leisure travel company in China, has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's American depositary shares (ADSs) have traded below the $1.00 minimum bid price for 31 consecutive business days. Tuniu has been granted a 180-day compliance period until February 3, 2025, to regain compliance by maintaining a closing bid price of $1.00 or higher for a minimum of ten consecutive business days. If unsuccessful, the company may be eligible for an additional 180-day compliance period. Tuniu assures that this notice does not affect its current Nasdaq Global Market listing or business operations and plans to take all reasonable measures to regain compliance.
Tuniu (NASDAQ: TOUR) announced its Q2 2024 financial results, showing significant growth and improved profitability. Revenues from package tours increased by 28.6% year-over-year to RMB89.8 million (US$12.4 million). Gross profit rose by 29.1% to RMB84.4 million (US$11.6 million). Income from operations reached RMB34.5 million (US$4.7 million), compared to RMB6.8 million in Q2 2023. Net income surged to RMB43.0 million (US$5.9 million), up from RMB0.2 million in the same period last year. The company attributes this growth to its focus on core business and products, enhanced product quality, and strengthened new media operations.
Tuniu (NASDAQ:TOUR), a leading online leisure travel company in China, has announced that it will release its unaudited financial results for the second quarter ended June 30, 2024, before the market opens on August 6, 2024. The company's management will hold an earnings conference call at 8:00 am U.S. Eastern Time on the same day.
Investors and analysts can access the call by dialing specific numbers for the US, Hong Kong, Mainland China, and international lines. A telephone replay will be available for one week after the conference call. Additionally, a live and archived webcast of the call will be accessible on the company's investor relations website.