- Tongcheng Travel published an annual results announcement covering FY 2025 and Q4 2025.
- FY 2025 revenue rose 11.9% to RMB19.4 billion, while profit for the year increased 21.2% to RMB2.41 billion.
- FY 2025 adjusted EBITDA increased 26.9% to RMB5.14 billion, and adjusted net profit rose 22.2% to RMB3.4 billion.
- Q4 2025 revenue grew 14.2% to RMB4.84 billion, while profit for the period fell 71% to RMB103.25 million due to a RMB453.44 million impairment of goodwill arising from the tourism business.
- Management said it completed the acquisition of Wanda Hotels and Resorts in October 2025 for an initial consideration of about RMB2.65 billion, and expects its hotel management business to accelerate expansion in 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tongcheng Travel Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260324-12064214), on March 24, 2026, and is solely responsible for the information contained therein.
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