On August 16, JD announced its 2023 Q2 results. The financial report showed:
-Revenue was 287.9 billion yuan (RMB, same below),The year-on-year increase of 7.6% exceeded market expectations.The market expects 278.75 billion dollars.
-Adjusted net profit was 8.6 billion yuan, compared to 6.5 billion yuan for the same period last year. The year-on-year increase of 31.9% exceeded market expectations.
-Net profit was 6.6 billion yuan, compared to 4.4 billion yuan for the same period last year.Exceeding market expectationsThe market expects 6.15 billion yuan.
-Service revenue was $54.1 billion ($7.5 billion), up 30.1% from the second quarter of 2022.
-Commodity revenue was $152.131 billion, compared to $136.618 billion in the same period last year.
Looking at it by business:
The revenue of Dada's business was 2,811 million yuan, compared with 2,281 million yuan in the same period last year.
The revenue of JD Logistics was 41,033 billion yuan, compared with 31,272 billion yuan in the same period last year.
JD's retail revenue was 253.28 billion yuan, compared to 241,557 billion yuan in the same period last year; the division's operating profit was 8.143 billion yuan, compared to 8.173 billion yuan in the same period last year.
Revenue from the new business was $4.316 billion, compared with $6.265 billion in the same period last year.
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