CTRP Yields Great Results
The company's recently released Q2 results show great growth.
Written by Douglas Estadt
Ctrip.com International (CTRP) is a web-based, travel service provider that caters to all aspects of a traveler’s needs, from hotel accommodations to flights. The company’s recently released 2010 Q2 results were more than impressive.
From our own travel experiences, we have witnessed Ctrip’s presence in kiosks and offices in China’s airports. This company is one among many that stand to profit from China’s booming economy.
The facts below reiterate why we invested in CTRP today:
Net revenues up 44% yoy and 18% quarter-over-quarter
China has the greatest number of internet users in the world, and its economy continues to boom
The upcoming Chinese holiday from October 1st-7th will bring even more traffic to Ctrip, as everyone will be traveling
To hear more about CTRP, view the video below.
Visit Wall Street Media. We feature exclusive insights from the world's leading transparent investors.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The apparel chain takes a hard hit after blaming the weather for its quarterly sales decline. But cold temperatures don't explain the drop in full-year sales as well.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.