同程旅行：2025年第一季度净利润同比增长41.1%

Core Insights - The company reported a revenue increase of 13.2% year-on-year, rising from RMB 3.866 billion in Q1 2024 to RMB 4.377 billion in Q1 2025 [1] - Adjusted EBITDA grew by 41.3% year-on-year, from RMB 820 million in Q1 2024 to RMB 1.159 billion in Q1 2025, with an EBITDA margin improvement from 21.2% to 26.5% [1] - Adjusted net profit increased by 41.1% year-on-year, from RMB 558 million in Q1 2024 to RMB 788 million in Q1 2025, with a net profit margin rise from 14.4% to 18.0% [1] - The average monthly paying users increased by 9.2% year-on-year, from 42.6 million in Q1 2024 to 46.5 million in Q1 2025 [1]