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<Research>JPM Expects JD-SW Shr Price to React Slightly Positively as 3Q Rev. & NP Beat
Recommend 4 Positive 6 Negative 9 |
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According to JPMorgan's research reports, JD-SW (09618.HK)'s 3Q25 revenue rose by 15% YoY to RMB299 billion on a 19% YoY increase in department store sales, beating the broker's and the market's estimates by 2%. JD-SW's adjusted net profit, in contrast, declined by 56% YoY to RMB5.8 billion, but it still exceeded the broker's and the market's estimates by about 16% and 41%, respectively, mainly due to the forecast-beating performance of its non-core businesses. JPMorgan anticipates JD-SW's stock price to react slightly positively to its better-than-expected earnings. AAStocks Financial News |
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