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<Results>BABA-W 2FQ Non-GAAP Net Income at RMB10.352B, Down 71.7% YoY, In Line
Recommend 36 Positive 64 Negative 27 |
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BABA-W (09988.HK) announced its second fiscal quarter results ending September, with net income attributable to ordinary shareholders at RMB20.99 billion, down 52.2% YoY; diluted EPS was RMB1.09, and diluted earnings per ADS were RMB8.75. Quarterly revenue was RMB247.795 billion, up 4.8% YoY, slightly above the upper limit of the forecast range of RMB236.229 billion to RMB247.652 billion from 16 brokers compiled by this website. Under non-GAAP, the second fiscal quarter net income reached RMB10.352 billion, down 71.7% YoY, meeting the forecast range of RMB8.238 billion to RMB11.2 billion from 8 brokers compiled by this website. Non-GAAP diluted earnings per share and per ADS were RMB0.55 and RMB4.36 respectively. Alibaba (BABA.US) rallied 4.09% in pre-market trading at USD167.3. AASTOCKS Financial News Website: www.aastocks.com |
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