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Earnings Analysis: 
Alibaba.com, Hutchison Whampoa Net Falls
Author: Trupti Mehta
123jump.com
Last Update: 10:58 AM ET August 13 2009



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Alibaba.com Limited first-half revenues rose 21.2% to Rmb 1.71 billion and net profit fell 26.3% to Rmb 514.1 million or 11.51 cents a share. Hutchison Whampoa Limited first-half revenues fell 15.6% to HK$100.53 billion and net profit fell 33% to HK$5.76 billion or HK$1.35 a share.

 
11:00PM Hongkong, China - Alibaba.com Limited revenue rose 21.2% and net profit fell 26.3%. Hutchison Whampoa Limited revenue fell 15.6% and net profit fell 33%.

Alibaba.com Limited, the business to business e-commerce company said first-half revenues rose 21.2% to Rmb 1.71 billion from Rmb 1.42 billion a year ago. Net profit in the first-half fell 26.3% to Rmb 514.1 million or 11.51 cents per diluted share compared to net profit of Rmb 697.2 million or 15.23 cents per share, a year ago.

Alibaba.com Limited, in the last one year traded as high as Rmb 18.70 in August 2009 and as low as Rmb 3.70 in October 2008. Based on the yesterday’s closing price of Rmb 19.90 the company has a market cap of Rmb 100.48 billion.

Hutchison Whampoa Limited, an investment company said first-half revenues fell 15.6% to HK$100.53 billion from HK$119.13 billion a year ago. Net profit in the first-half fell 33% to HK$5.76 billion or HK$1.35 per diluted share compared to net profit of HK$8.59 billion or HK$2.01 per share, a year ago.

Hutchison Whampoa Limited, in the last one year traded as high as HK$72.95 in August 2008 and as low as HK$34.10 in December 2008. Based on the yesterday’s closing price of HK$58.35 the company has a market cap of HK$248.77 billion.

Li & Fung Limited, the consumer goods exporter said first-half revenues fell 2.3% to HK$46.29 billion from HK$47.39 billion a year ago. Net profit in the first-half rose 13% to HK$1.4 billion or 38.1 cents per diluted share compared to net profit of HK$1.24 billion or 35.6 cents per share a year ago.

Li & Fung Limited, in the last one year traded as high as HK$26.20 in August 2008 and as low as HK$11.58 in October 2008. Based on the yesterday’s closing price of HK$25.45 the company has a market cap of HK$95.61 billion.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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