该公司第三季度总订单额增长24.2%，达到28亿。Sea公布的调整后EBITDA为5.213亿美元，远超分析师预期的4.809亿美元。Southeast Asian technology company Sea Ltd's third-quarter revenue exceeded expectations, thanks to significant growth in its e-commerce, entertainment, and financial services businesses.
The Zhitong Finance App learned that Southeast Asian technology company Sea Ltd (SE.US)'s revenue in the third quarter exceeded expectations, thanks to significant growth in its e-commerce, entertainment and financial services businesses. As consumers prepare for the holidays and travel season, Sea's e-commerce platform Shopee has surged in purchases in Southeast Asia and Taiwan. The company has also expanded its digital finance and entertainment business to meet the growing demand for services in the region.
Financial reports show that in the third quarter, Sea's revenue increased by 30.8% to $4.33 billion, exceeding analysts' expectations of $4.08 billion. Among them, e-commerce revenue increased by 42.6% to reach 3.18 billion US dollars, digital entertainment revenue was 0.4978 billion US dollars, and digital financial services revenue was 0.6157 billion US dollars, all exceeding expectations. Sea's net profit for the third quarter was $0.153 billion, and net loss for the same period last year was $0.144 billion; earnings per share (EPS) was $0.24, in line with analysts' expectations.
The company's total orders increased 24.2% in the third quarter to 2.8 billion. The adjusted EBITDA announced by SEA was US$0.5213 billion, far exceeding analysts' expectations of US$0.4809 billion.
Forrest Li, Chairman and CEO of Sea, said: “This was another solid quarter, with high growth in all three of our businesses.” He further pointed out that Shopee is expected to meet expectations of 25% year-over-year GMV growth for the full year, and emphasized: “We are recovering high growth while increasing our profitability.”
Shopee achieved positively adjusted EbitDA in both Asia and Brazil during the quarter. As we continue to focus on achieving growth, we expect Shopee to remain profitable in the future.”
Affected by the news, the Singapore-based company's US-listed shares rose more than 6% in pre-market trading.
