Tuniu (TOUR.US) Reports 15.3% YoY Q2 Revenue Growth, Announces New $10 Million Share Buyback Program

Stock News
Aug 15

Tuniu (TOUR.US) announced its second quarter 2025 financial results, reporting net revenue of RMB 134.9 million, representing a 15.3% year-over-year increase. Net profit attributable to shareholders reached RMB 14.5 million, compared to RMB 43 million in the same period last year.

By business segment, group tour revenue totaled RMB 113.4 million, marking a 26.3% year-over-year growth, while other business revenue was RMB 21.5 million, declining 21.0% compared to the prior year period.

As of June 30, 2025, the company maintained cash and cash equivalents, restricted cash, short-term investments, and long-term deposits totaling RMB 1.2 billion.

Regarding share repurchases, in March 2024, the company's board of directors approved a share buyback program (the "2024 Share Buyback Program"), authorizing the repurchase of ordinary shares or American Depositary Shares (ADS) representing ordinary shares with a value not exceeding $10 million. As of July 31, 2025, the company has cumulatively repurchased approximately 10.6 million ADS through open market transactions under this program, with a total value of approximately $9.9 million.

In August 2025, the board of directors approved a new share buyback program. Under this plan, following the termination of the 2024 share buyback program, the company will immediately commence a new round of ordinary share or ADS repurchases not exceeding $10 million.

Looking ahead, Tuniu expects third quarter net revenue to range between RMB 199 million and RMB 208.3 million, representing a 7% to 12% year-over-year increase.

Following the earnings announcement, the stock rose approximately 5% in pre-market trading on Friday.

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