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

RTTNews | 848 days ago

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

(RTTNews) - 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.

Excluding items, adjusted net income per ADS was RMB5.65 or $0.78, compared to RMB4.76 in the prior-year quarter.

JD.com reported net revenues of RMB260.05 billion or $36.02 billion, an increase of 7.0 percent from RMB242.96 billion in the same quarter last year. Net product revenues increased by 6.6 percent and net service revenues grew 8.8 percent 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 | 751 days ago

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

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

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.

RTTNews | 1282 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 | 1480 days ago

French Stocks Rise On Oil Price Drop, Middle East Concerns Persist

French Stocks Rise On Oil Price Drop, Middle East Concerns Persist

French equities recovered Friday with the CAC 40 rising to 8,167.27 points after the IEA lowered its global oil demand forecast. Brent crude futures declined 3.5% to $104.00 a barrel.

RTTNews | 9 minutes ago

Indian Shares End Off Day's Lows As Oil Prices Ease

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Indian shares ended Friday's session lower as Middle East tensions persisted, and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.

RTTNews | 37 minutes ago

German Stocks Move Modestly Higher As Oil Prices Fall Sharply

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German stocks moved higher on Friday, recovering from losses posted in the previous two sessions, as oil prices fell sharply following the International Energy Agency (IEA) revising downward its world oil demand forecast for the year.

RTTNews | 52 minutes ago

Gold Edges Higher As Oil Prices Ease After Recent Surge

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Gold edged higher on Friday as oil prices slipped from recent highs and investors awaited key U.S. CPI data later in the day for additional clues on the Federal Reserve's rate trajectory.

RTTNews | 1h 7min ago

Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast

Oil Prices Edge Lower As IEA Further Cuts Oil Demand Forecast

Oil prices traded lower on Friday but headed for a sharp weekly gain amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.

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