U.S.-listed shares of Trip.com Group Ltd. (TCOM) took off Tuesꦐday after the largest online travel servi🔜ce in China posted better-than-expected results on booming demand for foreign trips.

The company reported second-quarter 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of RMB7.25 ($1), with revenue up 14% year-on-year to RMB12.8 billion. Both exceeded analysts' estimates provided by ♕Visible Alpha.

Trip.com said the sales increase came as more people in China traveled, particularly during holiday periods. Executive Chair James Liang said that cros🃏s-border trips were especially strong. CEO Jane Sun added that the company benefited from “the resilience of travel consumption in China.” 

Increases Across Revenue Categories

Accommodation reservation revenue for the second quarter climbed 20% to RMB5.1 billion. Revenue rose 1% to RMB4.9 billion for transportation ticketing, and it soared 42% to RMB1.0 billion for package tours. 澳洲幸运5官方开奖结果体彩网:Corporate travel revenue rose 8% to RMB633 million.

Trip.com 澳洲幸运5官方开奖结果体彩网:American depos𒊎itary receipts (ADRs) gained 8.6% Tuesday to close at $45.97. 🎉They ar🎐e up about 28% higher year-to-date.