Ctrip four-quarter senior executives 6 August reduction of excess 300 million

Source: Internet
Author: User

Original title: Ctrip four-quarter senior executives 6 August reduction of 300 million

Ctrip yesterday released the third quarter financial report, the total http://www.aliyun.com/zixun/aggregation/32902.html "> Operating income of 2.3 billion yuan, an increase of 38% per cent, Net profit of 217 million Yuan 9001.html "> RMB, Down 42% year-on-year. This has been Ctrip three consecutive quarterly net profit growth.

It is understood that from the first quarter of this year, Ctrip in the revenue still maintain a high growth, while the net profit of three consecutive quarter year-on-year decrease. To this, Ctrip board chairman and CEO Liang Jianzhang explained, 3721.html ">2014 year is the investment year of Ctrip." Ctrip will pursue the maximization of market share, short-term profit margin is not our main goal, the future will also be for the long-term competitive advantage and market share to do more cautious and decisive investment. But in the subsequent earnings call, Ctrip suddenly warned that the four quarter will be a loss, and the extent of 17%.

After logging on to the SEC website, the reporter found that many of the Cheng had a large sell-off of shares held in June-August, when Ctrip's shares reached a historic peak of about 66 dollars. Among them, Ctrip chairman and CEO Liang Jianzhang on August 12 this year a large set of RMB nearly 250 million yuan, and Ctrip vice chairman and President Fan also in this year June 11 set is more than 110 million yuan. Because this time period is the Ctrip profit growth appears to slow down and the downward trend sensitive period, the market to Ctrip management "Lingao sell" the behavior to have many kinds of negative interpretations.

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.