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Trip.com Adjusts Financials from GAAP to IFRS

Trip.com Adjusts Financials from GAAP to IFRS

Trip.com Group Ltd. Sponsored ADR (TCOM) has released an update.

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Trip.com Group Ltd. Sponsored ADR has released a financial statement reconciliation for the year ended December 31, 2023, detailing the adjustments from U.S. GAAP to IFRS. The report highlights key financial adjustments in areas such as share-based compensation, leases, and investments, ultimately presenting a net income of 9,518 million RMB under IFRS compared to the originally reported 10,002 million RMB under U.S. GAAP.

For further insights into TCOM stock, check out TipRanks’ Stock Analysis page.

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