Group Ltd - ADR

+1.53 (+4.25%)
Other Pre-Announcement Group Q2 Revenue Fell 64 Percent To RMB 3.2 Billion

Published: 09/24/2020 22:44 GMT Group Ltd - ADR (TCOM) - Group Reports Unaudited Second Quarter of 2020 Financial Results.
Q2 Revenue Fell 64 Percent to Rmb 3.2 Billion.
Q2 Revenue Estimate Rmb 2.33 Billion -- Refinitiv Ibes Data (analyst estimates).
Business Has Continued to Show Strong Momentum of Recovery in China Domestic Market.
Diluted Losses per Ads Were Rmb0.80 (us$0.11) for Q2 of 2020.
Expects Net Revenue to Decrease by Approximately 47%-52% Year-over-year for Q3 of 2020.
Non-GAAP Diluted Losses per Ads Were Rmb1.93 (us$0.27) for Q2 of 2020. Group- Wider Net Loss in Quarter Due to Operating Loss Associated With Impact of Covid-19, Impairments of Long-term Investments, Others.
Q3 Earnings per Share View Cny 0.32 -- Refinitiv Ibes Data (analyst estimates).