BRIEF-Tongcheng-Elong Posts QTRLY Profit Rmb96.9 Million

March 25 (Reuters) - Tongcheng-Elong Holdings Ltd:

* QTRLY PROFIT RMB96.9 MILLION VERSUS LOSS OF RMB176.7 MILLION

* FOR Q1 OF 2020, EXPECT NET REVENUE TO DECREASE BY ABOUT 42% TO 47% YEAR OVER YEAR

* COVID-19 PRESENTS SHORT-TERM CHALLENGES TO DEVELOPMENT OF BUSINESS

* EXPECT ADJUSTED PROFIT TO BE POSITIVE FOR Q1 OF 2020

* WILL OPERATE ON COST-SAVING MODE IN FACE OF COVID-19 Source text for Eikon: Further company coverage: