Tourism: Ctrip earnings up

(皇冠体育app Daily)
Updated: 2007-02-13 10:06

Ctrip.com International Ltd, 皇冠体育app's biggest online ticketing agent, posted a 7 percent increase in fourth-quarter profit as rising incomes fueled travel in the world's fastest-growing economy.

Net income rose to 67 million yuan from 62.6 million yuan a year earlier, the Shanghai-based company said yesterday in a statement. Sales rose 46 percent to 242 million yuan from 166 million yuan.

Ctrip has posted revenue growth of more than 40 percent every quarter since it listed on the NASDAQ in December 2003.

(For more biz stories, please visit )