E-commerce company JD.com (HKG:9618) recorded an attributable net income of 9.85 billion yuan for the fourth quarter of 2024, up 191% from 3.39 billion yuan a year prior, a Thursday filing with the Hong Kong bourse said.
Earnings per share stood at 3.23 yuan for the quarter, up from 1.07 yuan in the corresponding period of the last fiscal year.
Revenue for the three months rose by 13% to 347 billion yuan from 306.1 billion yuan in the year-ago period.
For the full year 2024, attributable net income increased by 71% to 41.4 billion yuan from 24.2 billion yuan in 2023, while revenue saw a 6.8% boost to 1.159 trillion yuan from 1.085 trillion yuan a year prior.
The firm's board has approved an annual cash dividend of $0.5 per ordinary share or $1 per American depositary share (ADS) for the year 2024. The dividend is expected to be paid on or around April 23 and April 29 for holders of ordinary shares and ADSs, respectively.
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