PDD's adjusted earnings per ADS for the first quarter is RMB 11.41, estimated at RMB 19.11. PDD's US stock pre-market fell over 11%.
Specifically:
<blockquote>
Adjusted earnings per ADS is RMB 11.41, estimated at RMB 19.11
Revenue is RMB 95.67 billion, estimated at RMB 101.6 billion
Adjusted net profit is RMB 16.92 billion, estimated at RMB 27.88 billion
General and administrative expenses are RMB 1.66 billion, estimated at RMB 2.04 billion
R&amp;D expenses are RMB 3.58 billion, estimated at RMB 3.39 billion
Earnings per share for American Depositary Receipts is RMB 9.94, estimated at RMB 17.68
Net cash flow from operating activities is RMB 15.52 billion
</blockquote>
Continuously updating

- Pinduoduo reported an adjusted earnings per ADS of 11.41 RMB, significantly below the estimated 19.11 RMB.  
- The company's revenue reached 95.67 billion RMB, also falling short of the forecasted 101.6 billion RMB.  
- Following these results, Pinduoduo's U.S. stock dropped over 11% in pre-market trading.

生態投資犧牲短期盈利！拼多多 Q1 淨利潤下跌 47%， 營銷費用激增 43% | 財報見聞

生態投資犧牲短期盈利！拼多多 Q1 淨利潤下跌 47%，營銷費用激增 43% | 財報見聞