This excerpt taken from the CTRP 6-K filed Feb 23, 2006.
Highlights for the fourth quarter of 2005:
This excerpt taken from the CTRP 6-K filed Nov 14, 2005.
Highlights for the third quarter of 2005:
Ctrip had yet another terrific quarter and continued to see solid growth across our business. We are pleased to see that our strong execution ability has paved the way for our long-term growth and enabled us to maintain our leadership in the independent travelers market in China. We have consistently posted solid revenue and profit growth while maintaining healthy margins. said James Liang, Chairman and Chief Executive Officer of Ctrip.
This excerpt taken from the CTRP 6-K filed Aug 8, 2005.
Highlights for the second quarter of 2005:
We saw excellent growth momentum across all of our travel booking services in the second quarter. We have been able to run effective marketing campaigns to enhance our brand recognition and accelerate customer acquisition. Our dedication to provide the very best user experience has resulted in high level of customer loyalty. said James Liang, Chairman and Chief Executive Officer of Ctrip. For the second half of this year, we will continue to anticipate travel trends and roll out new products and services that offer our customer appealing choices and make their travel planning and booking process smooth and convenient.
Neil Shen, President and Chief Financial Officer of Ctrip, said, In the second quarter, Ctrip achieved an impressive growth in revenues and profit, which highlighted our strength in strong organic and balanced growth. Our earnings per share exceeded the First Call consensus estimate by 24% and our guidance by 31%, respectively. Our gross and operating margins remained robust. We have a healthy business model that we believe will continue to enable us to take full advantage of the vibrant travel industry in China.
This excerpt taken from the CTRP 6-K filed Apr 29, 2005.
Highlights for the first quarter of 2005:
Ctrip achieved terrific results despite the fact that the first quarter normally is the weakest quarter seasonally as business travel activities slow down significantly during the Chinese New Year holiday, said James Liang, Ctrips Chairman and CEO. Our air ticketing business exhibited tremendous growth as we began to harvest investments we made in establishing strong relationships with airlines and creating a seamless transaction platform for air ticket booking. In our hotel reservation business, we continued to strengthen supplier relationships and focus on increasing guaranteed allotment rooms, a key competitive advantage in our view. We have also significantly expanded product offerings in our packaged tour business and saw initial success in branding Ctrip in the independent leisure travel market.
Neil Shen, President and CFO, said, We are very pleased with Ctrips better than expected financial performance this quarter with top line growth of 51% year-on-year and almost flat sequentially. The seasonality factor was less pronounced than anticipated at Ctrip as we continue to demonstrate strong organic growth with a more balanced revenue mix. Our margins remain strong while we continue to re-invest in our business for long term growth. Moving forward into the rest of year, we expect strong volume increases across all product lines as both business and leisure travel activities pick up.