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<Results>BABA-W 1FQ Non-GAAP NP Sinks 18% YoY; Adj. EBITA Down 14%
Recommend 70 Positive 154 Negative 74 |
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BABA-W (09988.HK)(BABA.US) announced its financial results for the first quarter ending June 30, 2025. Net profit surged 77.7% YoY to RMB43.116 billion. Diluted earnings per share reached RMB2.25, and diluted earnings per ADS hit RMB17.98. Revenue was RMB247.652 billion, up 1.8% YoY. Non-GAAP net income was RMB33.51 billion, down 18%. Adjusted EBITA fell 13.7% to RMB38.844 billion, with the adjusted EBITA margin declining 3 ppts to 16%. The company attributed the decline to the investment in “Taobao Instant Commerce”, as well as user experiences, user acquisition and technology, partly offset by double-digit revenue growth in Alibaba China E-commerce Group, and improved operating efficiencies across various businesses. AAStocks Financial News |
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