Ctrip.com International Ltd. reported un-audited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net revenues were RMB 1.1 billion, representing a 19% increase from the same period in 2011. Net revenues decreased by 6% from the previous quarter. Net income attributable to Ctrip's shareholders for the fourth quarter of 2012 was RMB 193 million, representing a decrease of 24% from the same period in 2011 and a decrease of 1% from the previous quarter. Diluted earnings per ADS were RMB 1.38. Income from operations was RMB 120 million, down 48% year-on-year. Diluted earnings per ordinary share were RMB 5.51. Income before income tax expense and equity in income was RMB 212,346,897 against RMB 296,123,633 for the same period a year earlier.

For the full year ended December 31, 2012, net revenues were RMB 4.2 billion, representing a 19% increase from 2011. Net income attributable to Ctrip's shareholders was RMB 714 million, representing a decrease of 34% from 2011. Diluted earnings per ADS were RMB 4.98 compared to RMB 7.08 in 2011. Income from operations was RMB 655 million in 2012, down 39% from 2011. Diluted earnings per ordinary share were RMB 19.92. Income before income tax expense and equity in income was RMB 950,693,719 against RMB 1,289,620,550 for the same period a year earlier.

The company provided revenue guidance for the first quarter of fiscal 2013. For the first quarter of fiscal 2013, the company expects to continue the net revenue growth year-on-year at a rate of approximately 15-20%. This forecast reflects the company's current and preliminary view, which is subject to change.