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JD.com's stock surges after profit, revenue rise above expectations
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Net income rose to RMB16.4 billion ($2.3 billion), or RMB10.47 per American depositary share, from RMB600 million, or RMB0.36 per ADS, in the year-ago period. Excluding non-recurring items, adjusted earnings per ADS rose to RMB3.51 from RMB230, above the FactSet consensus of RMB2.71. Revneue rose 33.8% to RMB201.1 billion ($28.5 billion) to beat the FactSet consensus of RMB190.81 billion, as net produce revenue increased 33.5% and net service revenue grew 36.4%, while cost of revenue rose 34.5%. Annual active customer accounts grew 29.9% to 417.4 million in the 12 months ended June 30, up from 387.4 million in the first quarter.
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https://www.marketwatch.com/story/jdcoms...eid=yhoof2
![[Bild: JDc1dl0425.png]](https://finviz.com/publish/082520/JDc1dl0425.png)
JD.com's stock surges after profit, revenue rise above expectations
...
Net income rose to RMB16.4 billion ($2.3 billion), or RMB10.47 per American depositary share, from RMB600 million, or RMB0.36 per ADS, in the year-ago period. Excluding non-recurring items, adjusted earnings per ADS rose to RMB3.51 from RMB230, above the FactSet consensus of RMB2.71. Revneue rose 33.8% to RMB201.1 billion ($28.5 billion) to beat the FactSet consensus of RMB190.81 billion, as net produce revenue increased 33.5% and net service revenue grew 36.4%, while cost of revenue rose 34.5%. Annual active customer accounts grew 29.9% to 417.4 million in the 12 months ended June 30, up from 387.4 million in the first quarter.
...
https://www.marketwatch.com/story/jdcoms...eid=yhoof2
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