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

RTTNews | hace 784
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.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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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 | hace 253
JD.com Q1 Profit Rises 13.9%; Revenue Up 7%

JD.com Q1 Profit Rises 13.9%; Revenue Up 7%

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 | hace 350
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 | hace 982
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares look set to open a tad higher on Friday as markets resume trading after a holiday on Thursday for Maharashtra Day.
RTTNews | hace 7 minutos
Thai Bourse May Reclaim 1,200-Point Level

Thai Bourse May Reclaim 1,200-Point Level

Ahead of Thursday's Labor Day holiday, the Thai stock market had moved higher in four straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau and it's expected to tick higher again on Friday.
RTTNews | hace 40 minutos
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

Ahead of Thursday's Labor Day holiday, the Indonesia stock market had moved higher in four straight sessions, advancing almost 160 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 6,770-point plateau and it's tipped to open in the green again on Friday.
RTTNews | hace 1h 10min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Extending the gains in the previous six sessions, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 36,900 level, with gains in index heavyweights, automakers and exporters partially offset by weakness in financial stocks.
RTTNews | hace 1h 14min
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Friday, adding to the gains in the previous six sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,200 level, with gains in financial and energy stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | hace 1h 33min
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