U.S.-listed shares of Trip.com Group Ltd. (TCOM) took off Tuesday after the larಌg♎est online travel service in China posted better-than-expected results on booming demand for foreign trips.

The company reported second-quarter 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of RMB7.25 ($1), with revenue up 14% year-on-year to RMB12.8 billion. Both exceeded analysts' estimates provided by Visible Alꦆpha.

Trip.com said the sales increase came as more people in China traveled, particularly during holiday periods. Executive Chair James Liang said that cross-border trips were especially strong. CEO Jane Sun added that the company benefited from “the resilience of tr🐻avel consumption in China.” 

Increases Across Revenue Categories

Accommodation reservation revenue for the second quarter climbed 20% to RMB5.1 billion. Revenue rose 1% to RMB4.9 billion for transportation ticketing, and it soared 42% to RMB1.0 billion for package tours. 澳洲幸运5开奖号码历史查询:Corporate travel revenue rose 8% to RMB633 million.

Trip.com 澳洲幸运5开奖号码历史查询:American depositary receipts (ADRs) gained 8.6% Tuesday🌞 to c✅lose at $45.97. They are up about 28% higher year-to-date.