China's Ant Group quarterly profit up 10.3% on year
ReutersNov 25, 2025 10:44 AM
SHANGHAI, Nov 25 (Reuters) - China's Ant Group posted a 10.3% rise in net profit to 8.37 billion yuan ($1.18 billion) in the three months to June 30, according to Reuters calculations based on Alibaba Group Holdings' 9988.HK earnings released on Tuesday.
The e-commerce giant reports profit from Ant one quarter in arrears.
Both groups were co-founded by Chinese billionaire Jack Ma and Alibaba holds a 33% stake in Ant.
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