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China's online trading giant Alibaba reported net profit attributable to the company of 28.718 billion yuan (3.648 million euros) in the first half of the year, a decrease of 11.2 percent compared with the previous year. at the same time. according to the company, which had even revised down its revenue forecast for the full year.
Alibaba's revenue during the first half of its fiscal year amounted to 166,068 million yuan. (21,101 million euros), representing an improvement of 57.7% over the same period of the previous year.
In the second quarter of its fiscal year, Alibaba earned attributable net income of 20.033 million yuan (2,545). million), 13.4% more than the previous year, while sales increased 54.5% to 85.148 million yuan.
For its part, the Chinese company said that the annual number of active users on its retail sites in China reached 601 million in June 2018, representing an increase of 25 million over 12 months , while the number of mobile active users in China's retail sites increased in September. EUR 66 million, representing a quarterly increase of EUR 32 million
Downward
For the full year, Alibaba has revised downwards its revenue forecasts, which currently stand at 375,000 and 383,000 million yuan (47,649 and 48,660 million euros), representing a downward adjustment of 4 to 6 percent from its previous forecast. (Expansion / Spain and agencies)
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