Alibaba publishes Form 20murf annual report: net profit of 141.4 billion yuan for fiscal year 2023

CTOnews.com July 21 news, Alibaba Group today released the 2023 fiscal year Form 20murf annual report. According to the annual report, Alibaba's revenue in the 2023 fiscal year ending March 31 was 868.687 billion yuan, an increase of 2 per cent over the 2022 fiscal year.

▲ source Alibaba official website profit, Alibaba's net profit in fiscal year 2023 was 65.573 billion yuan. An increase of 39% over fiscal year 2022. Excluding Non-GAAP, net profit was 141.379 billion yuan, up 4 per cent from fiscal year 2022.

CTOnews.com Note: Form 20MEF is a form that foreign companies listed in the United States need to file with the Securities and Exchange Commission (SEC). It requires an annual report containing all relevant financial information, but its content requirements are not as stringent as those of local companies.

▲ Tuyuan Hong Kong Stock Exchange announcement according to Ali's financial report on the Hong Kong Stock Exchange, Aliyun's business revenue reached 77.203 billion yuan, accounting for 9% of the company's overall revenue; Cainiao's revenue reached 55.681 billion yuan, an increase of 20.76% over the same period last year, accounting for 6% of the company's overall revenue, accounting for an increase in the company's overall revenue share compared with the previous fiscal year.