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Stock impact report

Vipshop Reports Unaudited Third Quarter 2024 Financial Results

Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares (VIPS) 
Last vipshop holdings limited american depositary shares, each representing two ordinary shares earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vip.com
Company Research Source: PR Newswire
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 19, 2024GUANGZHOU, China, Nov. 19, 2024 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the quarter ended September 30, 2024.Third Quarter 2024 HighlightsTotal net revenues for the third quarter of 2024 were RMB20.7 billion (US$2.9 billion), compared with RMB22.8 billion in the prior year period.GMV[1] for the third quarter of 2024 was RMB40.1 billion, compared with RMB42.5 billion in the prior year period.Gross profit for the third quarter of 2024 was RMB5.0 billion (US$706.1 million), compared with RMB5.4 billion in the prior year period.Net income attributable to Vipshop's shareholders for the third quarter of 2024 was RMB1.0 billion (US$149.0 million), compared with RMB1.2 billion in the prior year period.Non-GAAP net income attributable to Vipshop's shareholders[2] for Show less Read more
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