Alibaba's Fiscal Q3 Attributable Profit Swells 239%, Revenue Rises 8%

MT Newswires Live

Feb 20, 2025

Alibaba Group (HKG:9988) recorded a 239% surge in attributable net income for the three months ended Dec. 31, 2024, to 48.9 billion yuan from 14.4 billion yuan in the year-ago period.

Earnings per share stood at 2.55 yuan, up from 0.71 yuan in the corresponding period of the previous fiscal year, a Thursday filing with the Hong Kong bourse stated.

The Chinese e-commerce giant's revenue rose 8% year over year to 280.2 billion yuan from 260.3 billion yuan.

For the nine months ended Dec. 31, 2024, attributable net income and revenue came in at 117.1 billion yuan and 759.9 billion yuan, respectively.

The firm attributed the boost in profit to higher income from operations, mark-to-market changes from its equity investments, and an increase in the share of results of equity method investees.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2512644893"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2512644893\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2512644893?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-20 19:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2512644893","market":"hk","top_or_hot":-1,"title":"Alibaba's Fiscal Q3 Attributable Profit Swells 239%, Revenue Rises 8%","media":"MT Newswires Live","content":"<html><body><p> Alibaba Group (HKG:9988) recorded a 239% surge in attributable net income for the three months ended Dec. 31, 2024, to 48.9 billion yuan from 14.4 billion yuan in the year-ago period.</p><p>Earnings per share stood at 2.55 yuan, up from 0.71 yuan in the corresponding period of the previous fiscal year, a Thursday filing with the Hong Kong bourse stated.</p><p>The Chinese e-commerce giant's revenue rose 8% year over year to 280.2 billion yuan from 260.3 billion yuan.</p><p>For the nine months ended Dec. 31, 2024, attributable net income and revenue came in at 117.1 billion yuan and 759.9 billion yuan, respectively.</p><p>The firm attributed the boost in profit to higher income from operations, mark-to-market changes from its equity investments, and an increase in the share of results of equity method investees.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba's Fiscal Q3 Attributable Profit Swells 239%, Revenue Rises 8%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba's Fiscal Q3 Attributable Profit Swells 239%, Revenue Rises 8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-20 19:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Alibaba Group (HKG:9988) recorded a 239% surge in attributable net income for the three months ended Dec. 31, 2024, to 48.9 billion yuan from 14.4 billion yuan in the year-ago period.</p><p>Earnings per share stood at 2.55 yuan, up from 0.71 yuan in the corresponding period of the previous fiscal year, a Thursday filing with the Hong Kong bourse stated.</p><p>The Chinese e-commerce giant's revenue rose 8% year over year to 280.2 billion yuan from 260.3 billion yuan.</p><p>For the nine months ended Dec. 31, 2024, attributable net income and revenue came in at 117.1 billion yuan and 759.9 billion yuan, respectively.</p><p>The firm attributed the boost in profit to higher income from operations, mark-to-market changes from its equity investments, and an increase in the share of results of equity method investees.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2512644893","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512644893","pubTimestamp":1740049801,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Alibaba Group  recorded a 239% surge in attributable net income for the three months ended Dec. 31, 2024, to 48.9 billion yuan from 14.4 billion yuan in the year-ago period.Earnings per share stood at 2.55 yuan, up from 0.71 yuan in the corresponding period of the previous fiscal year, a Thursday filing with the Hong Kong bourse stated.The Chinese e-commerce giant's revenue rose 8% year over year to 280.2 billion yuan from 260.3 billion yuan.For the nine months ended Dec. 31, 2024, attributable net income and revenue came in at 117.1 billion yuan and 759.9 billion yuan, respectively.The firm attributed the boost in profit to higher income from operations, mark-to-market changes from its equity investments, and an increase in the share of results of equity method investees.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"translate_title":"阿里巴巴-SW第三财季归属利润增长239%，收入增长8%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BABA":1,"09988":1},"content_text":"Alibaba Group (HKG:9988) recorded a 239% surge in attributable net income for the three months ended Dec. 31, 2024, to 48.9 billion yuan from 14.4 billion yuan in the year-ago period.Earnings per share stood at 2.55 yuan, up from 0.71 yuan in the corresponding period of the previous fiscal year, a Thursday filing with the Hong Kong bourse stated.The Chinese e-commerce giant's revenue rose 8% year over year to 280.2 billion yuan from 260.3 billion yuan.For the nine months ended Dec. 31, 2024, attributable net income and revenue came in at 117.1 billion yuan and 759.9 billion yuan, respectively.The firm attributed the boost in profit to higher income from operations, mark-to-market changes from its equity investments, and an increase in the share of results of equity method investees.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}