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$PDD Holdings (PDD.US)$
Highlights of the second quarter of 2022
The total income was 31.44 billion yuan, an increase of 36% over the same period last year.Much higher thanThe market expects 23.93 billion yuan.
Operating profit under non-GAAP was 10.54 billion yuan, an increase of 231% over the same period last year.Much higher thanThe market expects 3.96 billion yuan.
The net profit attributable to ordinary shareholders under non-GAAP was 10.78 billion yuan, an increase of 161% over the same period last year.Much higher thanThe market expects 4.12 billion yuan.
Net income per diluted American depositary receipt under non-generally accepted accounting standards is 7.54 yuan.Much higher thanThe market is expected to be 2.84 yuan.
Financial indicators:
Revenue in the second quarter of 2022 was 31.44 billion yuan, up 36% from the same period last year.Much higher thanThe market expects 23.93 billion yuan. Of this total, online marketing services and others rose 39 per cent year-on-year to 25.17 billion yuan, trading services revenue rose 107 per cent year-on-year to 6.22 billion yuan, and merchandise sales revenue fell 97 per cent to 50 million yuan.
The cost in the second quarter of 2022 was 7.96 billion yuan, up 1% from a year earlier.
Sales and marketing expenses in the second quarter of 2022 were 11.34 billion yuan, an increase of 9% over the same period last year.
Highlights of the second quarter of 2022
The total income was 31.44 billion yuan, an increase of 36% over the same period last year.Much higher thanThe market expects 23.93 billion yuan.
Operating profit under non-GAAP was 10.54 billion yuan, an increase of 231% over the same period last year.Much higher thanThe market expects 3.96 billion yuan.
The net profit attributable to ordinary shareholders under non-GAAP was 10.78 billion yuan, an increase of 161% over the same period last year.Much higher thanThe market expects 4.12 billion yuan.
Net income per diluted American depositary receipt under non-generally accepted accounting standards is 7.54 yuan.Much higher thanThe market is expected to be 2.84 yuan.
Financial indicators:
Revenue in the second quarter of 2022 was 31.44 billion yuan, up 36% from the same period last year.Much higher thanThe market expects 23.93 billion yuan. Of this total, online marketing services and others rose 39 per cent year-on-year to 25.17 billion yuan, trading services revenue rose 107 per cent year-on-year to 6.22 billion yuan, and merchandise sales revenue fell 97 per cent to 50 million yuan.
The cost in the second quarter of 2022 was 7.96 billion yuan, up 1% from a year earlier.
Sales and marketing expenses in the second quarter of 2022 were 11.34 billion yuan, an increase of 9% over the same period last year.
![[home Express] Pinduoduo's second-quarter income and net profit under non-GAAP far exceeded market expectations, and he is long-term optimistic about the improvement of consumer user experience brought about by the company's investment in agriculture and R & D.](https://nnqimage.futunn.com/27292799/editor_image/7a46e284d48f37d3bbe3ee239cc277cd.png/thumb)
![[home Express] Pinduoduo's second-quarter income and net profit under non-GAAP far exceeded market expectations, and he is long-term optimistic about the improvement of consumer user experience brought about by the company's investment in agriculture and R & D.](https://nnqimage.futunn.com/27292799/editor_image/4ee2d1462c4b3c1cb819ccc09d472372.png/thumb)
![[home Express] Pinduoduo's second-quarter income and net profit under non-GAAP far exceeded market expectations, and he is long-term optimistic about the improvement of consumer user experience brought about by the company's investment in agriculture and R & D.](https://nnqimage.futunn.com/27292799/editor_image/43995e368e673e229c7b531363a109f4.png/thumb)
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