BEIJING (dpa-AFX) - Alibaba Group Holding Ltd (BABA) announced earnings for its second quarter that increased compared to the same period last year.
The company said its bottom line rose to RMB12.95 billion, or RMB5.26 per share. This was up from RMB9.20 billion, or RMB3.61 per share, in last year's second quarter.
The company said revenue for the quarter rose 54.7% to RMB34.29 billion. This was up from RMB22.17 billion last year.
Alibaba Group Holding Ltd earnings at a glance:
-Earnings (Q2): RMB12.95 Bln. vs. RMB9.20 Bln. last year. -Earnings Growth (Y-o-Y): 40.8% -EPS (Q2): RMB5.26 vs. RMB3.61 last year. -EPS Growth (Y-o-Y): 45.7% -Revenue (Q2): RMB34.29 Bln vs. RMB22.17 Bln last year. -Revenue Change (Y-o-Y): 54.7%
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