Ctrip's net revenue for the second quarter was 1.7 billion yuan, up 38% from a year earlier.

Summary: Ctrip (stock code: CTRP) released its earnings today. The report showed that Ctrip's net revenue in the second quarter was 1.7 billion yuan (about 278 million U.S. dollars), up 38% from a year earlier, and that the net profit for Ctrip was 135 million yuan (about 22 million USD), compared with last year's

Ctrip (Stock code: CTRP) released its earnings today. The report showed that Ctrip's net revenue in the second quarter was 1.7 billion yuan (about $278 million), up 38% from a year earlier;

Ctrip's net profit to shareholders was 135 million yuan (about 22 million U.S. dollars), down 36% from a year earlier. Ctrip's operating profit for the second quarter of 2014 was 91 million yuan (about $15 million), down 54% from a year earlier.

Ctrip's operating profit decline is very important because of the cost of product development and sales and marketing costs rose, Ctrip second-quarter product development costs of 479 million yuan (about 77 million U.S. dollars), compared with the same period last year, growth of 55%.

Ctrip's sales and marketing costs for the second quarter of 2014 were 479 million yuan (about 77 million U.S. dollars), up 77% from a year earlier, up 12% from the previous quarter, and the main reason for the increase was sales and marketing-related activity.

Note: The chart takes the dollar calculation, the text uses the renminbi computation, because of the exchange rate fluctuation relations, the chart data and the body data have the slight difference, mainly by the body part.

Ctrip Q2 revenue of 293 million dollars year-on-year increase 38%

Ctrip's total operating income for the second quarter was 1.8 billion yuan (about 293 million U.S. dollars), up 38% from a year earlier. Total operating income grew by 9% in the second quarter of 2014.

Ctrip Q2 Hotel Reservation revenue 121 million USD 47%

In the second quarter of 2014, Ctrip's business receipts were 753 million yuan (about 121 million U.S. dollars), up 47% from the same period last year, and the growth was mainly offset by a year-on-year increase in the number of hotel bookings, and by a year-on-year decline in income per night. Hotel bookings in the second quarter of 2014 grew by 15%.

Ctrip Q2 Traffic Ticket business 117 million US dollar year-on-year increase 39%

Ctrip in the second quarter of 2014 traffic ticket business receipts for 726 million yuan (about 117 million U.S. dollars), compared to the same period last year, 39% growth, mainly from the ticket booking volume of 83% year-on-year growth. In the second quarter of 2014, traffic ticket sales grew by 11%.

Ctrip's tourism business receipts for the second quarter of 2014 was 205 million yuan (about 33 million U.S. dollars), up 10% from the same period last year, with growth coming mainly from the growth of 42% per cent of tour bookings and self-help tours. In the second quarter of 2014, the business receipts of tourism businesses fell by 21%, mainly due to seasonal factors.

In the second quarter of 2014, Ctrip's business receipts were 90 million yuan (about 15 million U.S. dollars), up 37% from the same period last year, and growth was mainly due to the growth of travel demand driven by travel activities. In the second quarter of 2014, business receipts grew by 27% on a month-on-month basis, mainly due to seasonal factors.

Ctrip Q2 operating profit of 15 million U.S. dollars down 54%

Ctrip's operating profit for the second quarter of 2014 was 91 million yuan (about $15 million), down 54% from a year earlier, and 28% per cent in the previous quarter.

Ctrip's operating profit rate for the second quarter of 2014 was 5%, compared with 16% in the same period in 2013 and 4% in the previous quarter.

Ctrip's income tax effective rate in the second quarter of 2014 was 32%, compared with 27% in 2013, which was mainly influenced by the increase in the proportion of net profit of the deductible equity incentive expenditure. The effective tax rate for the second quarter of 2014 was lower than that of 40% in the previous quarter, largely influenced by some tax concessions in the second quarter of 2014.

Ctrip Q2 net 22 million USD down 36%

Ctrip's net profit to Ctrip's shareholders in the second quarter of 2014 was 135 million yuan (about 22 million U.S. dollars), down 36% from a year earlier, and 17% per cent in the previous quarter.

Excluding equity incentive payments (not in accordance with US general accounting standards), the net profit attributable to Ctrip shareholders in the second quarter of 2014 was 246 million yuan (about 40 million U.S. dollars), down 23% from a year earlier, and 4% per cent in the previous quarter.

As of June 30, 2014, Ctrip held cash and cash equivalents, restricted cash and short-term investment balances of 10.8 billion yuan (about 1.7 billion U.S. dollars).