JD.com Climbs Wall Street After Accounts







Photo credit © UzirePictures

(Boursier.com) — JD.com, the Chinese e-commerce giant, listed on Wall Street, posted a 1.4% growth in its activity in the first fiscal quarter to 243 billion yuan, approximately 35.4 billion dollars. In the quarter ended in March, the group posted a net profit attributable to ordinary shareholders of 6.3 billion yuan, against a loss of 3 billion a year earlier. Non-GAAP profit was 7.6 billion yuan. Earnings per ADS were 3.93 yuan and non-GAAP EPS was 4.76 yuan, or $0.69 per share. The consensus was $0.51 adjusted EPS per share and $34.6 billion in revenue. The group also indicated that its general manager Lei Xu would bow out in June for personal reasons.


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