Another Year, Another Loss For Alibaba Pictures As Pandemic Strikes [Forbes]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Forbes
Daniel Zhang, chief executive officer of Alibaba Group Holding. Alibaba's business interests... [+]includes e-commerce, finance, logistics, supermarkets and entertainment. Photographer: Jason Alden/Bloomberg© 2020 Bloomberg Finance LPAlibaba Pictures Group, an entertainment and film unit of China e-commerce leader Alibaba Group, expects to report up to 1.1 billion yuan to 1.2 billion yuan of losses ($157 million-$171 million) in the fiscal year ending March 31, a “significant” increase from a loss of 254 million yuan a year earlier, the company said in an announcement at the Hong Kong Stock Exchange on Thursday evening ahead of the long Easter holiday.The bigger loss “was primarily due to the complicated difficulties in pursuing profitable operation faced by the entertainment industry in mainland China since 2019 and the significant decrease” in revenue in the January-March quarter, the company said. was hurt “as a result of the outbreak of COVID-19, as well as the substantial impai
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BABA
Earnings
- 8/15/24 - Beat
BABA
Sec Filings
- 9/13/24 - Form 6-K
- 9/9/24 - Form 6-K
- 9/6/24 - Form 6-K
- BABA's page on the SEC website