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<Results>BABA-W 4FQ Non-GAAP Net Profit RMB86M Misses; ADR Slips ~2% Premarket
Recommend 55 Positive 89 Negative 48 |
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BABA-W (09988.HK) announced its 4FQ results. Net income attributable to ordinary shareholders reached RMB25.476 billion, up 106% YoY. Diluted earnings per share was RMB1.3, while Diluted earnings per ADS were RMB10.36. Non-GAAP net income was only RMB86 million, down 99.7% YoY and below expectations. Non-GAAP diluted earnings per ADS were RMB0.62. Adjusted EBITA dived 84% YoY to RMB5.102 billion, in line with this website's consolidated forecasts from nine brokers ranging between RMB3.668 billion and RMB5.98 billion, but below the median estimate of RMB5.503 billion. Alibaba Group Holding Limited (BABA.US) ADR fell off 1.9% in pre-market trading to USD132.2. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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