Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . ● 同 程 艺 龙 Tongcheng - Elong Holdings Limited 同 程 藝 龍 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 0780 ) ANNOUNCEMENT OF THE RESULTS FOR THE THREE MONTHS ENDED MARCH 31 , 2021 The Board of the Company is pleased to announce the unaudited consolidated results of the Group for the three months ended March 31 , 2021 , together with comparative figures for the same period of 2020 . . KEY HIGHLIGHTS FOR THE THREE MONTHS ENDED MARCH 31 , 2021 Revenue increased by 60.6 % year - to - year to RMB1,613.8 million from RMB1,005.1 million in the same period of 2020 . Adjusted EBITDA increased by 162.7 % year - to - year to RMB417.4 million from RMB158.9 million in the same period of 2020. Adjusted EBITDA margin increased from 15.8 % in the same period of 2020 to 25.9 % . Adjusted profit for the period increased by 279.5 % year - to - year to RMB296.3 million from RMB78.1 million in the same period of 2020. Adjusted net margin increased from 7.8 % in the same period of 2020 to 18.4 % . Average MAUS increased by 57.8 % year - to - year from 148.4 million in same period of 2020 to 234.2 million . Average MPUs increased by 84.5 % year - to - year from 14.8 million in the same period of 2020 to 27.3 million . Paying users for the twelve - month period ended March 31 , 2021 increased by 12.9 % year - to- year from 149.9 million in the same twelve - month period of 2020 to 169.3 million . 1