Online travel agent Trip.com Group Ltd. (9961.HK, TCOM.US) said on Wednesday its revenue rose 16% year-on-year to 14.8 billion yuan ($2.1 billion) in the second quarter of 2025, while its net profit increased 25% to 4.9 billion yuan.
The company attributed the revenue increase to strong tourism demand, particularly during holiday periods. Its accommodation reservation revenue reached 6.2 billion yuan, up 21% year-over-year. Transportation ticketing revenue rose 11% to 5.4 billion yuan, while package tour revenue climbed 5% to 1.1 billion yuan, and revenue from corporate travel management grew 9% to 692 million yuan.
Trip.com also disclosed that, under its share buyback program initiated in February, it had repurchased 7 million American depositary shares (ADS) through Aug. 27 at a cost of $400 million.
Following the results announcement, Trip.com’s U.S.-traded shares rose 8.6% in after-hours trading to $70.90. Its Hong Kong shares opened up 5.7% at HK$541.50 on Thursday.
By Lau Chi Hang
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