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Comparatively, diluted earnings per share decreased from 2.3 yuan ($0.36) to 0.1 yuan ($0.01) last year.
In the meantime, total income for the time period increased by 1.6% annually to $58.021 billion.
The business reported a net loss of $2.89 billion during the second quarter of its fiscal year; a year prior, it had reported a net profit of $833 million.
Compared to a profit of 0.25 yuan a year earlier, the diluted loss was 0.97 yuan ($0.14) per share. For the quarter, Alibaba's overall revenue increased by 3.2%.
source: barrons.com
In the meantime, total income for the time period increased by 1.6% annually to $58.021 billion.
The business reported a net loss of $2.89 billion during the second quarter of its fiscal year; a year prior, it had reported a net profit of $833 million.
Compared to a profit of 0.25 yuan a year earlier, the diluted loss was 0.97 yuan ($0.14) per share. For the quarter, Alibaba's overall revenue increased by 3.2%.
source: barrons.com
