携程2012年Q2季报.docx

Ctrip Reports Second Quarter 2012 Financial ResultsSHANGHAI, July 24, 2012 /PRNewswire-Asia/ -- C International, Ltd. (Nasdaq: CTRP), a leading travel service provider of hotel accommodations, airline tickets, packaged tours and corporate travel management in China, today announced its unaudited financial results for the quarter ended June 30, 2012.Highlights for the Second Quarter of 2012Net revenues were RMB974 million (US$153 million) for the second quarter of 2012, up 17% year-on-year, versus our guidance of 15-20% year-on-year. Gross margin was 75% for the second quarter of 2012, compared to 77% in the same period in 2011. Income from operations was RMB168 million (US$26 million) for the second quarter of 2012, down 37% year-on-year. Excluding share-based compensation charges (non-GAAP), income from operations was RMB277 million (US$44 million), down 22% year-on-year. Operating margin was 17% for the second quarter of 2012, compared to 32% in the same period in 2011. Excluding share-based compensation charges (non-GAAP), operating margin was 28%, compared to 43% in the same period in 2011. Net income attributable to Ctrips shareholders was RMB120 million (US$19 million) in the second quarter of 2012, down 55% year-on-year. Excluding share-based compensation charges (non-GAAP), net income attributable to Ctrips shareholders was RMB228 million (US$36 million), down 35% year-on-year.? Diluted earnings per ADS were RMB0.81(US$0.13) for the second quarter of 2012. Excluding share-based compensation charges (non-GAAP), diluted earnings per ADS were RMB1.56(US$0.24) for the second quarter of 2012. Share-based compensation charges were RMB109 million (US$17 million), accounting for 11% of the net revenues, or RMB0.74(US$0.11) per ADS for the second quarter of 2012. We are pleased with the solid results in the second quarter of 2012, said Min Fan, President and Chief Executive Officer of Ctrip. To strengthen Ctrips capability of providing travelers with the one-stop tra