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<Results>JD-SW 3Q Non-GAAP NP Up 23.9% YoY to RMB13.174B Beats
Recommend 31 Positive 47 Negative 16 |
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JD-SW (09618.HK) announced its 3Q results for the period ended September. It posted a net income of RMB11.731 billion, up 47.8% YoY, more than the upper end of the range of RMB9.201-9.979 billion as forecasted by 4 brokers compiled by our website. Net income was RMB4.02 per share and RMB8.05 per ADS. For 3Q, non-GAAP net income increased by 23.9% YoY to RMB13.174 billion, exceeding the upper end of the range of RMB10.3-12.062 billion forecast by 15 brokers consolidated by our website. Non-GAAP income was RMB4.52 per share and RMB9.04 per ADS. The company saw an uptick in its top-line growth, as well as healthy profitability in the third quarter, as overall consumer sentiment continued to brighten, said Sandy Xu, Chief Executive Officer of JD.com. It believed it had laid a solid foundation for sustainable operational and financial progress in the future. AAStocks Financial News |
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