Ctrip reported strong financial results for the first
quarter of 2008 in spite of bad weather and again
exceeded market consensus estimates. Its profit
margin continued to improve due to strong revenue
growth and increased commission per ticket sold.
Ctrip s results were driven by strong growth in all of
its business units. We think Ctrip s past results
demonstrate that the company s long-term growth
story remains intact under almost all circumstances.
Therefore, we maintain our Buy rating on Ctrip.
by Zacks
http://astuk-virtuallystocks.blogspot.com/
$57.0 (05/20/08)
