Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! According to CTOnews.com news on February 23, Alibaba today released his report on the third quarter of fiscal year 2023 (CTOnews.com Note: Alibaba's fiscal year is out of sync with the natural year, starting on April 1 of each year and ending on March 31 of the second year).

Revenue in the third quarter was 247.76 billion yuan, and the market is expected to be 245.183 billion yuan, compared with 242.58 billion yuan in the same period last year, an increase of 2% over the same period last year.

The net profit in the third quarter was 46.815 billion yuan, compared with 27.692 billion yuan in the same period last year, an increase of 138% over the same period last year.

Without Non-GAAP, the net profit was 49.932 billion yuan, an increase of 12% over the same period last year.

Adjusted earnings of 19.26 yuan per ADS in the third quarter.

The income of the rookie in the third quarter was 23.023 billion yuan, an increase of 17% over the same period last year.

According to the financial report, 45.4 million American depositary shares (equivalent to 363.3 million common shares) were repurchased for approximately $3.3 billion in the quarter ended December 31, 2022, under the company's share repurchase program. Xu Hong, chief financial officer of Alibaba Group, said that he would continue to fulfill his promise to improve shareholder returns.

After the announcement of the results, Alibaba's US stocks rose more than 4 per cent before trading.

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