Categories AlphaGraphs, Consumer, Earnings

JD Earnings: Highlights of JD.com’s Q1 2023 financial results

JD.com Inc. (NASDAQ: JD) has reported a modest increase in first-quarter revenues. Meanwhile, adjusted earnings of the China-based e-commerce firm rose sharply during the period.

JD.com Q1 2023 earnings infographic

Adjusted profit climbed 88% annually $0.69 per ADS during the first quarter. On an unadjusted basis, the net profit was $912 million or $0.57 per ADS, compared to a loss in the prior-year quarter.

At $35.4 billion, first-quarter revenues were up 1% from the corresponding period of 2022. At the end of the quarter, JD.com had around 590 million active customer accounts.

“JD.com has built China’s most trusted brand in retail and is uniquely positioned to provide our loyal user base with
the superior quality, value, speed, and selection they have come to expect while maintaining the flexibility to seize upon multiple growth opportunities across our businesses,” said Lei Xu, CEO of JD.com.

Prior Performance

  • JD.com Q3 2022 earnings infographic
  • JD.com Q2 2022 earnings infographic
  • JD.com Q1 2022 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Adobe (ADBE) Q2 adjusted earnings rise on higher revenues

Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in revenue and adjusted profit for the second quarter of 2025, amid continued growth in its subscription-based business. The design software

ORCL Earnings: Highlights of Oracle’s Q4 2025 financial report

Technology giant Oracle Corporation (NYSE: ORCL) has reported higher revenues and adjusted earnings for the fourth quarter of 2025. Total revenues increased to $15.9 billion in the May quarter from

Key highlights from Chewy’s (CHWY) Q1 2025 earnings results

Chewy, Inc. (NYSE: CHWY) reported its first quarter 2025 earnings results today. Net sales of $3.12 billion increased 8.3% year-over-year. Net income decreased 6.7% to $62.4 million compared to last

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top