jd.com Group - SW (09618.HK) will hold a board of directors meeting on November 13th to approve quarterly performance.

Gelonghui October 29th JD.com Group - SW (09618.HK) announced that the board of directors will hold a meeting on November 13, 2024 to approve related matters, including approval of the unaudited quarterly performance and announcement for the three months ending September 30, 2024.

Gelonghui FinanceOct 31 06:06 ET

DATE OF BOARD MEETING

HKEXOct 31 06:03 ET · Announcements

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[Brokerage Focus] Orient maintains a 'buy' rating for jd.com (09618), expecting Q3 revenue to increase by 4.8% year-on-year, continuing the stable recovery trend.

Jingu Finance News | Orient Securities released research reports, forecasting that JD.com Group (09618) will achieve an income of 259.6 billion yuan (+4.8%) in Q3 24, with adjusted net income attributable to mothers reaching 11 billion yuan (+3.2%), continuing the stable recovery trend. It is expected that the company's GMV in Q3 will grow by high single digits and outperform the large cap, with 3P growth rate faster than 1P. With increased investment in user acquisition, it is expected that DAU will achieve growth of over 20%, and active merchants will grow by double digits. It is expected that JD.com's retail revenue in Q3 24 will reach 222.9 billion yuan (+5.1%); operational profit 11.1 billion yuan (+0.5%), profit margin 4.

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