Jumei.com revenue in the first half of 2 billion 400 million yuan, down 22.8%


Jumei.com revenue in the first half of 2 billion 400 million yuan, down 22.8%

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In the early morning of August 25, Beijing time, Sina Technological News reported that NYSE: JMEI released its unaudited earnings for the first half of 2018 as of June 30. The results showed that Jumei's total net revenue for the first half of the year was 2.4 billion yuan ($368.6 million), down 22.8% from the same period last year; and its net profit attributable to its common shareholders in the first half of the year was 679.3 million yuan ($102.7 million), not in accordance with the U.S. General Accounting Standards (non-GAAP).

Main achievements:

- As of June 30, 2018, the total cash and cash equivalents held by the company were RMB 683.9 million yuan ($103.4 million), and short-term investment was RMB 2.1 billion yuan ($316.4 million).

- In the first half of the year, the total net revenue of Jumei Fine Products was RMB 2.4 billion yuan ($368.6 million), down 22.8% from the same period last year.

- the total net transaction volume of jumei.com in the first half of the year (GMV) was 2 billion 500 million yuan (US $384 million 500 thousand).

- The gross profit of Jumei Premium accounted for 26.3% of net revenue in the first half, up from 23.8% in the same period last year. ;

The net profit attributable to the company's common shareholders in the first half of the year was 673.3 million yuan ($101.7 million), up 49.5% from the same period last year.

- In the first half of the year, the net profit attributable to the company's common shareholders was 679.3 million yuan ($102.7 million), compared with 115.2 million yuan ($102.7 million) attributable to the company's common shareholders in the same period last year.


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