JD.com Inc. (NASDAQ: JD), a China-based e-commerce company, has reported a decline in earnings for the second quarter of fiscal 2025, despite a sharp increase in revenue.
- Second-quarter revenues increased 22.4% year-over-year to RMB356.7 billion, or US$49.8 billion
- Sales at the JD Retail segment rose 20.6% annually to RMB310.1 billion, or US$43.3 billion
- Net income attributable to shareholders was RMB6.2 billion, or US$0.9 billion, in Q2, vs. RMB12.6 billion in Q2 2024
- Adjusted net income declined to RMB7.4 billion, or US$1.0 billion, in Q2 from RMB14.5 billion in the prior-year quarter
- Earnings per ADS were RMB4.15, or US$0.58, in the June quarter, vs. RMB8.19 a year earlier
- On an adjusted basis, earnings per ADS declined to RMB4.97, or US$0.69, from RMB9.36 in the second quarter of 2024
- The company repurchased around 80.7 million of its ordinary shares for about US$1.5 billion in the six months ended June 30, 2025