Tongcheng Travel Holdings Ltd

00780: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tongcheng Earnings: Robust Growth and Margin Expansion Continues

Kai Wang

Mar 21, 2025

Tongcheng Travel Holdings' fourth-quarter 2024 revenue increased 35% year on year to CNY 4.2 billion, but more importantly, it provided 2025 revenue guidance of a 15%-20% increase year-on-year that reflects a continued demand for travel.

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Tongcheng Travel Holdings Ltd

Tongcheng Earnings: Robust Growth and Margin Expansion Continues

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