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<Results>MEITUAN-W 2024 Adj. Profit Up 88%+ YoY to RMB43.77B In Line
Recommend 15 Positive 42 Negative 15 |
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MEITUAN-W (03690.HK) has announced its annual results for the year ended December 2024. The company's profit attributable to equity holders surged by 158.4% YoY to RMB35.807 billion, with basic EPS standing at RMB5.85. No dividend has been declared. Under non-IFRS measures, MEITUAN-W's adjusted net profit for the year increased by 88.2% YoY to RMB43.772 billion. Compared with the combined forecast of RMB42.11-45.018 billion from 13 brokers as summarized by our reporters, it aligned with market expectations, close to the median forecast of RMB43.77 billion. In addition, the adjusted EBITDA was RMB49.119 billion, up 105.7% YoY. MEITUAN-W's annual revenue leaped by 22% YoY to RMB337.592 billion, slightly exceeding the upper limit of the combined forecast of RMB336.385-337.518 billion from 14 brokers as summarized by our reporters. AAStocks Financial News |
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