From Barchart: 2025-03-20 10:11:00

PDD Holdings (NASDAQ:PDD) reported Q4 revenue of RMB110.61 billion, missing analyst expectations of RMB115.15 billion. However, adjusted earnings per ADS were RMB20.15, beating projections of RMB19.84. Operating profit for the quarter rose 14% to RMB25.59 billion, with non-GAAP operating profit also up 14% to RMB28 billion.

For fiscal year 2024, PDD’s total revenues reached RMB393.84 billion, a 59% increase from 2023. Net income attributable to shareholders surged 87% to RMB112.43 billion, showcasing strong financial execution and profitability gains. The company’s disciplined cost management and profitability contributed to these impressive results.



Read more at Barchart:: PDD’s Q4 Revenue Miss Overshadows Strong Profit Gr…