同程旅行：预计1Q25收入基本符合预期利润较为稳健

中金公司2025-04-17

预测1Q25 核心OTA收入同比增长16%1Q25 我们预计集团收入同增12%至43 亿元；其中，核心OTA收入同增16%至37 亿元，但度假业务受泰国舆论及缅甸地震影响仍有所承压。我们预期1Q25 Non-IFRS净利润为7.1 亿元。关注要点1Q25 核心OTA增速符合公司此前指引，公司维持全年收入和利润指引，维持核心OTA收入15-20%同比增长指引。酒店：根据STR，3 月以来酒店ADR...

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同程旅行：预计1Q25收入基本符合预期 利润较为稳健

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同程旅行：预计1Q25收入基本符合预期利润较为稳健