---
title: "Ant Group quarterly profit down 91% to 1.2 billion yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279761401.md"
datetime: "2026-03-19T09:50:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279761401.md)
  - [en](https://longbridge.com/en/news/279761401.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279761401.md)
---

# Ant Group quarterly profit down 91% to 1.2 billion yuan

SHANGHAI, March 19 (Reuters) - China’s Ant Group posted a 91% fall in net profit to 1.2 billion yuan in the three months to Sep 30, according to Reuters calculations based on Alibaba Group Holdings’ (9988.HK) earnings released on Thursday.

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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