PDD Holdings Inc., (PDD) revealed earnings for second quarter that Drops, from last year
The company's earnings totaled RMB30.753 billion, or RMB5.19 per share. This compares with RMB32.009 billion, or RMB5.40 per share, last year.
Excluding items, PDD Holdings Inc., reported adjusted earnings of RMB32.708 billion or RMB5.52 per share for the period.
The company's revenue for the period rose 7.1% to RMB103.984 billion from RMB97.059 billion last year.
PDD Holdings Inc., earnings at a glance (GAAP) :
-Earnings: RMB30.753 Bln. vs. RMB32.009 Bln. last year.-EPS: RMB5.19 vs. RMB5.40 last year.-Revenue: RMB103.984 Bln vs. RMB97.059 Bln last year.
Net income per ADS stood at RMB 20.75, less than RMB 21.61 per ADS a year ago. Adjusted income was RMB 22.07 per ADS as against the prior year’s RMB 23.24 per ADS.
PDD was up by 11.04% at $141.14 in the pre-market trade on the Nasdaq.
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