$MEITUAN-W (03690.HK)$ Announcing the third-quarter performance in 2024, it is clear from the Futubull news that the overall performance exceeds market expectations, with both revenue and profitability outperforming market expectations. However, after reading this performance, the author did not feel as shocked as the previous quarter, considering that the stock price has already accumulated a lot of gains in the past quarter. Many major bullish factors were already reflected in the stock price performance after last quarter's performance, details can be found in the previous quarter's review.Actions speak louder than words, Meituan's business is further improving $Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$ Overall, the author believes that Meituan's revenue and profit growth should continue to grow with conditions, still one of the strong fundamental stocks in the high-growth Internet industry. In the short term, some challenges may be faced, and completely running aground
The company's revenue in the third quarter of this year increased by 22.4% year-on-year to 93.6 billion yuan (RMB: the same as before),Outperformed market expectations.Adjusted EBITDA and adjusted net profit for this quarter increased by 134.8% and 124.0% year-on-year to 14.5 billion yuan and 12.8 billion yuan, respectively.Both outperformed market expectations.Both core local business and new business revenues exceeded market expectations. Simply comparing from expectations,Meituan's revenue and profits far exceed market expectations.。
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