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<Results>MEITUAN-W 2Q Non-IFRS Adj. Profit Slips 89% to RMB1.493B, Way Below Forecast
Recommend 46 Positive 90 Negative 88 |
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MEITUAN-W (03690.HK) announced its second-quarter results for the period ending June 30, 2025, reporting a net profit of RMB365 million, a 96.8% YoY plunge. The non-IFRS adjusted EBITDA slid 81.5% to RMB2.782 billion, and adjusted net profit dived 89% to RMB1.493 billion, way below the consensus forecast from eight brokers, which ranged from RMB7.229 billion to RMB10.062 billion. The company recorded revenue of RMB91.84 billion in 2Q, up 11.7% YoY, slightly below the consensus estimate from eight brokers, which ranged from RMB92.067 billion to RMB94.534 billion. AAStocks Financial News |
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