JD.com exceeds quarterly expectations


(AOF) – JD.com shows a clear increase in pre-market trading after recording adjusted earnings per share of 5.30 Chinese yuan (74 cents) for the fourth quarter compared to 4.69 yuan expected. The Chinese e-commerce giant reported quarterly net income of 306.1 billion yuan ($42.52 billion) compared to a consensus of 300.04 billion yuan.

JD.com announced the approval of a new $3 billion share buyback program through 2027.

© 2024 Agence Option Finance (AOF) – All reproduction rights reserved by AOF. AOF collects its data from the sources it considers the safest. However, the reader remains solely responsible for their interpretation and use of the information made available to them. The reader must therefore hold AOF and its contributors harmless from any claim resulting from this use. Agence Option Finance (AOF) is a brand of the Option Finance group

Did you like this article ? Share it with your friends using the buttons below.





Facebook


Linkedin


E-mail





Source link -85