Have you ever heard of the US stock Alibaba (ticker symbol: BABA)?
It is a company that operates an online marketplace for business-to-business e-commerce.
In this article, I will introduce the company’s financial results for the period from April to June 2021, which were announced on August 3, 2021.
Financial Results for April to June 2021
EPS was RMB16.60, compared to the forecast of RMB14.29.
Net sales were RMB205.74 billion compared to the forecast of RMB208.67 billion.
Sales growth rate was 33.8% YoY.
Operating income was RMB30.85 billion, down 11% from the same period last year.
Free cash flow was 20.68 billion yuan, down 43% from the same period last year.