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<Results>JD LOGISTICS 1-3Q Net Profit RMB2.205B, Up 9x+ YoY
Recommend 19 Positive 29 Negative 6 |
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JD LOGISTICS (02618.HK) announced its results for 3Q24 ended September, with revenue of RMB44.396 billion, up 6.6% YoY; net profit of RMB2.205 billion, up 928.8% YoY; and non-IFRS profit of RMB2.572 billion, up 205.1% YoY. During the period, gross profit margin was 11.7%, up 3.8 ppts YoY, primarily attributable to the company's efforts in efficiency improvement and cost reduction. Non-IFRS EBITDA hiked 49.3% to RMB5.726 billion; and EBITDA margin improved by 3.7 ppts to 12.9%. In addition, revenue from JD-SW (09618.HK) amounted to RMB12.788 billion, accounting for 28.8% of the total. AAStocks Financial News |
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