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Alibaba Group Announces June Quarter 2021 Results – Consumer Electronics Net
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Alibaba Group Holding Ltd (BABA) Q1 2022 Earnings Call Transcript
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Alibaba Slips To Loss In Q4
BEIJING (dpa-AFX) - Alibaba Group Holding Limited (BABA) reported that its fourth-quarter net loss attributable to ordinary shareholders was RMB5.48 billion or US$836 million, compared to net income of RMB3.16 billion in the same quarter of 2020 primarily due to the Anti-monopoly Fine in the amount of US$2.78 billion, partly offset by the year-over-year decrease in net loss arising from the fair value changes of investments in the quarter ended March 31, 2021.
Loss per ADS was RMB1.99 or US$0.30 compared to earnings per ADS of RMB1.16 in the prior year.
Excluding the Anti-monopoly Fine, share-based compensation expense, revaluation and disposal gains/losses of investments, impairment of investments and intangible assets and certain other items, non-GAAP earnings per ADS for the quarter was RMB10.32 or US$1.58, an increase of 12% from the prior year.