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Meituan's ADRs Tumble 9.7% as Quarterly Non-IFRS Adj. EBITDA Dives 82%
Recommend 38 Positive 54 Negative 53 |
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MEITUAN (MPNGY.US) tumbled by 9.7% to USD27.85 during US trading hours. The company announced its 2Q25 results after the market closed yesterday (27th). Its profit sank by 97% YoY to RMB365 million, non-IFRS adjusted EBITDA dived by 82% YoY to RMB2.782 billion, and adjusted net profit plunged by 89% to RMB1.493 billion, far below the lower limit of RMB7.229 billion predicted by eight brokers summarized by our reporters. AAStocks Financial News |
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