Ctrip third-quarter unaudited financial performance

Ctrip (NASDAQ:CTRP) released its unaudited financial results for the third quarter ended September 30, 2013. Ctrip's share price fell nearly 8% per cent in subsequent trading.

Ctrip announced its third-quarter financial results today. The report showed that Ctrip's net revenue for the third quarter was 1.5 billion yuan (about 252 million U.S. dollars), an increase of 31% per cent, and the net profit attributable to the company's shareholders was 373 million yuan (about 61 million U.S. dollars), an increase of 92% per cent year-on-year. Both figures exceed Morgan Stanley's earlier forecasts.

But in the post trading, Ctrip shares fell. As of 20:00 local time, Ctrip's shares fell 4.59 US dollars and received a 54.6-dollar decline of 7.75%.

In the Tuesday regular trading, Ctrip shares rose 1.08 U.S. dollars, or 1.86%, closing at $59.19.

Earlier this year, Ctrip shares hovered at $20 trillion, but since May this year, Ctrip share prices have risen continuously and hit a 52-week high of $61.09 trillion.

Ctrip's share price is still at a 52-week high.