Tuniu FY26 Q2 net income drops 97.55% to RMB 345,000; net revenues rise 3% to RMB 138.9 million
TOUR•Costs increased and gross profit declined
Cost of revenues climbed 27.9% to RMB 62.5 million; gross profit slid 11.1% to RMB 76.4 million.
Tuniu forecast Q3 net revenues of RMB 202.1 million to RMB 212.2 million; it had repurchased about 700,000 ADSs for about US$ 5.2 million.
Q2 revenue rises, but profitability falls sharply
Tuniu posted Q2 net revenues of RMB 138.9 million, up 3% year over year.
Operating results swung to a loss of RMB 6.1 million from operating income; net income fell to RMB 0.3 million.
Packaged tour revenue rose 6.8% to RMB 121.1 million, while other revenue dropped 16.9% to RMB 17.8 million.
