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Tuniu Corporation (TOUR) Q3 2024 Earnings Call Transcript

December 5, 2024
in Market & News
Reading Time: 2 mins read
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Tuniu Corporation (TOUR) Q3 2024 Earnings Call Transcript
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Tuniu Corporation (NASDAQ:TOUR) Q3 2024 Earnings Conference Call December 5, 2024 8:00 AM ET

Company Participants

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Mary Chen – Director of Investor Relations
Donald Yu – Founder, Chairman and Chief Executive Officer
Anqiang Chen – Financial Controller

Operator

Hello and thank you for standing by for Tuniu’s 2024 Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After managements’ prepared remarks, there will be a question-and-answer session. Today’s conference is being recorded. If you have any objections, you may disconnect at this time.

I would now like to turn the meeting over to your host for today’s conference call. Director of Investor Relations, Mary.

Mary Chen

Thank you, and welcome to our 2024 third quarter earnings conference call. Joining me on the call today are Donald Yu, Tuniu’s Founder, Chairman and Chief Executive Officer; and Anqiang Chen, Tuniu’s Financial Controller. For today’s agenda, management will discuss business updates, operation highlights and the financial performance for the third quarter of 2024.

Before we continue, I refer you to our safe harbor statement in the earnings press release, which applies to this call as we will make forward-looking statements. Also, this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings release, which contains a reconciliation of non-GAAP measures to the most directly comparable measures. Finally, please note that unless otherwise stated, all figures mentioned during this conference call are in RMB.

I would now like to turn the call over to our Founder, Chairman and Chief Executive Officer, Donald Yu.

Donald Yu

Thank you, Mary. Good day, everyone. Welcome to our third quarter 2024 earnings conference call. In the third quarter, our revenues and profit continued to grow. With GAAP net income reaching a record high since our listing, up to RMB43.9 million and our net income for the first

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