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Earnings Scheduled For March 26, 2025
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Full text | Transcript of Meituan's Q4 Earnings Conference: A brand new native AI product will be launched, establishing an internal large language model.
Meituan (03690.HK) today released its Earnings Reports for the fourth quarter and the whole year ending December 31, 2024. In the fourth quarter, revenue was 88.5 billion yuan, a year-on-year increase of 20.1%. Net income was 6.2 billion yuan, while the net income for the same period in 2023 was 2.2 billion yuan; under non-International Financial Reporting Standards measurement, the adjusted net income was 9.8 billion yuan, compared to 4.4 billion yuan for the same period in 2023. For the full year 2024, revenue was 337.6 billion yuan, marking a year-on-year growth of 22.0%. Net income was 35.8 billion yuan, with a year-on-year increase of 158.4%; under non-International Financial Reporting Standards measurement, adjusted...
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