Trip.com (TCOM) Climbs 14.9% on Strong Income

We recently published 10 Stocks Crushing Wall Street’s Wildest Expectations. Trip.com Group Ltd. (NASDAQ:TCOM) is one of the best performers on Thursday.

Trip.com Group rallied for a second day on Thursday, jumping 14.92 percent to close at $75.03 apiece as investors cheered the company’s strong earnings performance in the second quarter of the year.

In its updated report, Trip.com Group Ltd. (NASDAQ:TCOM) said attributable net income jumped by 26 percent to 4.8 billion yuan from 3.8 billion yuan registered in the same period last year. Total revenues grew by 16.18 percent to 14.86 billion yuan from 12.79 billion yuan year-on-year, on the back of a strong demand, particularly during the holiday periods.

“Travel is a key driver in national growth and global engagement. It serves not only as an engine for economic development but also as a catalyst for cultural exchange, global understanding, and social vitality,” said Trip.com Group Ltd. (NASDAQ:TCOM) Executive Chairman James Liang.

“Looking ahead, we remain confident in the industry’s long-term growth and will continue to prioritize strategic investments in innovation, partnership development, and inbound travel expansion to stimulate global economic advancement,” he said.

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