Trip.com Group (TCOM.US) 's 1Q25 revenue rose 16% YoY to RMB13.8 billion, in line with the expectations of Citi Research and the market, Citi Research issued a research report saying. The 1Q25 gross profit margin was 80.4%, higher than 79.3% in 4Q24, but slightly below the broker's forecast of 81%. Non-GAAP operating profit margin was 29.2%, surpassing Citi Research's prediction of 27.5%. The quarterly non-GAAP net profit amounted to RMB4.19 billion, ahead of market consensus by 9%.Related NewsCICC Lists Changes in HSI Constituents' Weightings, Forecasts in Passive Funds Changes (Table)The broker believed that management's tone on the outlook for 2Q25 will be key to future stock price direction, and rated Trip.com Group's US stock at Buy, with a target price of US$75. (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)