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Investing.com -- Tuniu Corporation (NASDAQ:TOUR), on Friday reported a 15.3% YoY increase in second quarter revenue, returning to profitability as its packaged tours business showed strong growth.
The company’s shares rose 4.9% following the announcement.
Net revenue reached RMB134.9 million (US$18.8 million) in the second quarter, up from RMB98.97 million in the same period last year.
The growth was primarily driven by a 26.3% increase in packaged tour revenue, which reached RMB113.4 million (US$15.8 million), fueled by growth in organized tours and self-drive tours.
The company reported a net income of RMB14.1 million (US$2.0 million) for the quarter, compared to a net income of RMB43.0 million in the second quarter of 2024.
On a non-GAAP basis, which excludes share-based compensation expenses and amortization of acquired intangible assets, net income was RMB16.1 million (US$2.2 million).
"We were pleased to see that the company maintained steady growth in the second quarter," said Mr. Donald Dunde Yu, Tuniu’s founder, Chairman and Chief Executive Officer.
"Net revenues increased by 15.3% year-over-year, with revenues from packaged tours rising by 26.3%, and the company returned to profitability for the period."
For the third quarter of 2025, Tuniu expects to generate between RMB199.0 million and RMB208.3 million in net revenues, representing a 7% to 12% increase YoY.
The company also announced that its Board of Directors has authorized a new share repurchase program of up to US$10 million, which will take effect immediately upon the termination of its current repurchase program.
As of July 31, 2025, Tuniu had repurchased approximately 10.6 million ADSs for approximately US$9.9 million under its 2024 Share Repurchase Program.
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