Ctrip.com International Ltd. Q2 2010 Earnings Call Transcript

 

Ctrip.com International Ltd. (CTRP)

Q2 2010 Earnings Call

August 9, 2010 09:00 PM ET

Executives

June Zhu – Investor Relations

James Liang – Chairman

Min Fan – President and CEO

Jane Sun – Chief Financial Officer

Analysts

Richard Ji – Morgan Stanley

James Mitchell – Goldman Sachs

Alicia Yap – Citigroup

Mike Olson – Piper Jaffray

James Lee – CLSA

Aaron Kessler – ThinkEquity

Eddie Leung – Bank of America/Merrill Lynch

Yu Jin – CICC

Chenyi Lu – Cowen and Company

Paul Keung – Oppenheimer

Alex Yao – Deutsche Bank

Wendy Huang – RBS

Chris Zee – BNP

Ming Zhao – SIG

Ashish Thadhani – Gilford Securities

Fawne Jiang – BMC

Presentation

Operator

Good day, ladies and gentlemen. And welcome to your Second Quarter 2010 Ctrip.com International Limited Earnings Conference Call. My name is Shania and I will be your event manager today. Throughout the conference you will remain on listen-only. (Operator Instructions)

I would like to advice all parties that this conference is being recorded for replay purposes. And now, I’d like to hand the conference over to June Zhu, go ahead please.

June Zhu

Hello everyone. Thank you for attending Ctrip’s second quarter 2010 earnings conference call. Joining me on the call today we have Mr. James Liang, Chairman of the Board, Mr. Min Fan, President and Chief Executive Officer and Ms. Jane Sun, Chief Financial Officer.

We may during this call discuss our future outlook and performance which are forward looking statements made under the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our results may be materially different from the views expressed today. A number of potential risks and uncertainties are outlined in Ctrip’s public filing with the Securities and Exchange Commission. Ctrip does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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