JD-SW (09618) released its third quarter performance, with total revenue of 299.059 billion yuan, a year-on-year increase of 14.85%.

JD-SW (09618) announced its third-quarter performance for the three months ending September 30, 2025. The group achieved a total revenue of RMB 299.059 billion, a year-on-year increase of 14.85%; the total pre-tax profit was RMB 6.633 billion, a year-on-year decrease of 56.49%; the net profit attributable to ordinary shareholders of the company was RMB 5.276 billion, a year-on-year decrease of 55.03%; basic earnings per share were RMB 1.86. "In the third quarter, our user base and shopping frequency maintained strong growth, with the annual active user count surpassing 700 million in October, marking a new milestone," said Ms. Xu Ran, CEO of JD Group. "The core JD Retail business has built a multi-engine complementary growth matrix. Despite the impact of high base numbers in the appliance category, we are confident in further consolidating our leading market position in this area and exploring the huge growth potential of daily necessities and advertising services. In addition, JD Daojia continues to expand its business scale and deepen synergies with JD Retail, while achieving a narrowing of sequential investment in the third quarter, mainly due to the improvement in its average loss and profit performance. Overall, our various businesses are making steady progress, and we believe they will work together to fully unleash the long-term development potential of our overall business ecosystem." "In the third quarter, JD Group's total revenue increased by 14.9% year-on-year, mainly benefited from the healthy development of various businesses," said Mr. Shan Su, CFO of JD Group. "This quarter, JD Retail revenue increased by 11.4% year-on-year, with the growth rate of daily necessities and advertising service revenue accelerating further from the previous quarter, becoming important growth engines for us. At the same time, the gross profit margin and operating profit margin of JD Retail both achieved steady year-on-year increases this quarter. The net profit at the group's consolidated level mainly reflects our investment in new businesses, and in the future, we will gradually optimize their financial model while expanding their scale." As of August 2024, the company adopted and effective until August 2027, a share repurchase plan of up to a total of $5 billion. As of September 30, 2025, the company repurchased approximately 80.9 million Class A ordinary shares (equivalent to 40.4 million American Depositary Shares) for a total amount of approximately $1.5 billion. As of the date of this announcement, the remaining amount under the share repurchase plan is $3.5 billion.