UBS Lists JD-SW 1Q26 Results Forecast (Table)
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UBS has forecasted JD-SW's1Q26 results, predicting total revenue of RMB 311.241 billion, a 3.4% increase year-on-year. Merchandise revenue is expected to remain flat at RMB 242.309 billion, while service revenue is projected to rise by 17.3% to RMB 68.932 billion. Gross profit is estimated at RMB 48.84 billion, with a gross margin of 15.7%. Operating profit is forecasted to drop by 87.1% to RMB 1.503 billion. Non-GAAP net profit attributable to shareholders is expected to be RMB 5.793 billion, down 54.6%.
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