Jingdong'S Operating Losses In The Second Quarter Of 2016 Decreased By 300 Million

In August 10th,

The group released its second quarter performance report in fiscal year 2016.

It is mentioned that under the non US general accounting standards (Non-GAAP), Jingdong

Of

It increased from about 0.4% in the same period last year to about 1.1% in the second quarter of 2016.

From the perspective of operating losses, Jingdong group's operating losses in the second quarter of 2016 decreased by 358 million 200 thousand yuan (about 53 million 900 thousand US dollars) compared with the same period last year, and the operating loss was 723 million 100 thousand yuan in the same period last year.

In the second quarter of 2016, the operating profit of the non US general accounting standards (Non-GAAP) was 361 million 500 thousand yuan and the operating profit margin was 0.6%.

In the second quarter of 2015, the operating loss of non US general accounting standards (Non-GAAP) was 246 million 700 thousand yuan, and the operating profit margin was -0.5%.

In addition, in the second quarter of 2016, the loss of new business (including Jingdong finance, O2O, technology and overseas business) under the non US general accounting standards (Non-GAAP) was about 300 million yuan.

Net loss, compared with the net loss of 510 million 400 thousand yuan in the same quarter last year, the net loss in the second quarter of 2016 was 132 million 100 thousand yuan (about 19 million 900 thousand U.S. dollars), down 74% from the same period last year.

In terms of net profit, net profit of non US general accounting standards (Non-GAAP) was 391 million 400 thousand yuan (about 58 million 900 thousand US dollars) in the second quarter of 2016. The net loss of non US general accounting standards in the second quarter of last year was 15 million 700 thousand yuan.