JD.com Posts Strong Start to 2025
Here's our initial take on JD.com's (NASDAQ: JD) fiscal 2025 first-quarter financial report.
Chinese e-commerce company JD.com reported generally strong results for the first quarter of 2025. Revenue climbed by 16% (in the local currency) to 301.1 billion Chinese yuan, or about $41.5 billion, and there was solid year-over-year growth in both product revenue (16.2%) and service revenue (14%). Overall, revenue was significantly greater than analysts had expected.
When it comes to profitability, the numbers were rather strong as well. On a per-share basis, earnings surpassed analyst expectations. Operating income jumped by about 38% year over year, and JD's retail operating margin improved by 80 basis points. On an adjusted basis, JD.com's net income was 12.8 billion RMB (about $1.8 billion).
Source Fool.com
