Full Truck Alliance Co. Ltd. (YMM) reported a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at RMB1.268 billion, or RMB1.21 per share. This compares with RMB581.17 million, or RMB0.56 per share, last year.
Excluding items, Full Truck Alliance Co. Ltd. reported adjusted earnings of RMB1.381 billion or RMB1.32 per share for the period.
Analysts on average had expected the company to earn RMB1.24 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 19.0% to RMB2.699 billion from RMB2.268 billion last year.
Full Truck Alliance Co. Ltd. earnings at a glance (GAAP) :
-Earnings: RMB1.268 Bln. vs. RMB581.17 Mln. last year.-EPS: RMB1.21 vs. RMB0.56 last year.-Revenue: RMB2.699 Bln vs. RMB2.268 Bln last year.
-Guidance:Next quarter revenue guidance: RMB3.06-RMB3.12 Bln
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.