JD.com Swings To Profit In Q4; Revenue Up 7.1%

RTTNews | 781 days ago
Stocktwits
JD.com Swings To Profit In Q4; Revenue Up 7.1%

(RTTNews) - e-commerce company JD.com, Inc. (JD) reported Thursday a net income attributable to ordinary shareholders for the fourth quarter of RMB3.03 billion or $441 million, compared to a net loss of RMB5.17 billion in the year-ago quarter. Net income per ADS was RMB1.91 or $0.28, compared to a net loss per ADS of RMB3.33 last year.

Excluding items, adjusted net income per ADS was RMB4.81 or $0.70, compared to RMB2.241 in the prior-year quarter.

JD.com reported net revenues of RMB295.45 billion or $42.84 billion, an increase of 7.1 percent from the same quarter last year. Net product revenues increased by 1.2% and net service revenues grew 40.3% from last year.

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JD.com Stock Slips As Walmart Confirms Entire Stake Sale

JD.com Stock Slips As Walmart Confirms Entire Stake Sale

Shares of JD.com Inc. traded down around 8 percent on the Hong Kong exchange and were losing more than 8 percent in the early morning trading on the Nasdaq after retail giant Walmart Inc. announced the sale of its entire stake in the Chinese e-commerce firm. Walmart expects the sale to help focus on its strong China operations for Walmart China and Sam's Club, and deploy capital towards other prio
RTTNews | 249 days ago
JD.com Q1 Profit Rises 13.9%; Revenue Up 7%

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e-commerce company JD.com, Inc. (JD) reported Thursday a net income attributable to ordinary shareholders for the first quarter of RMB7.13 billion or $987 million, compared to RMB6.26 billion in the year-ago quarter. Net income per ADS was RMB4.53 or $0.63, up 15.3 percent from RMB3.93 last year.
RTTNews | 347 days ago
JD.com Q2 Net Profit Soars; Revenue Up 5.4%

JD.com Q2 Net Profit Soars; Revenue Up 5.4%

e-commerce company JD.com, Inc. (JD) reported Tuesday that net income attributable to ordinary shareholders for the second quarter was RMB4.38 billion or $0.65 billion, compared to RMB0.79 billion in the year-ago quarter. Net income per ADS was RMB2.74 or $0.41, compared to RMB0.50 last year.
RTTNews | 979 days ago
European Shares Edge Higher In Cautious Trade

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RTTNews | 7 minutes ago
European Shares Seen Opening Up In Cautious Trade

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RTTNews | 3h 31min ago
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RTTNews | 4h 47min ago
Australian Market Trims Early Gains In Mid-market

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RTTNews | 5h 45min ago
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