Brief: Baozun Announces Q4 And Fiscal Year 2019 Unaudited Financial Results

Baozun

18/03/2020 10:14

March 18 (Reuters) - Baozun Inc  BZUN.O :
    * BAOZUN ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2019
UNAUDITED
FINANCIAL RESULTS
    * Q4 REVENUE RMB 2.784 BILLION VERSUS REFINITIV IBES
ESTIMATE OF
RMB 2.74 BILLION
    * SEES Q1 2020 REVENUE RMB 1.4 BILLION TO RMB 1.45 BILLION
    * QTRLY BASIC AND DILUTED NON-GAAP NET INCOME ATTRIBUTABLE
TO
ORDINARY SHAREHOLDERS OF BAOZUN INC. PER ADS WERE RMB2.77 AND
RMB2.71
    * BAOZUN - BASED ON MARKET & OPERATIONAL CONDITIONS, CO
EXPECTS
TOTAL NET REVENUES TO BE BETWEEN RMB1,400 MILLION & RMB1,450
MILLION FOR  Q1 OF 2020
    * QTRLY TOTAL GROSS MERCHANDISE VOLUME WAS RMB17,771.8
MILLION, AN
INCREASE OF 47.6% YEAR-OVER-YEAR.
    * ANTICIPATE THAT GMV FOR Q1 OF 2020 WILL GROW BY AT LEAST
10%
WHEN COMPARED WITH SAME PERIOD LAST YEAR
    * REAFFIRM EXPECTATION TO ACHIEVE STEADY OPERATING MARGIN
RECOVERY
FOR FULL YEAR 2020
    * Q1 FORECAST REFLECTS COMPANY'S CURRENT AND PRELIMINARY
VIEW
    * DESPITE GLOBAL ECONOMIC IMPACT OUTBREAK OF COVID-19 IS
HAVING,
CHINA'S E-COMMERCE SECTOR CONTINUES TO DEMONSTRATE "TREMENDOUS
RESILIENCE"
    * Q4 EARNINGS PER SHARE VIEW CNY 3.19 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX68mZLW 
Further company coverage:  BZUN.O 

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