US Stock Price Fluctuated | Vipshop (VIPS.US) surged over 16% after its performance, with a total net revenue of 34.674 billion yuan in Q4.
As of the dispatch of this article, the stock has risen more than 16%, reaching $20.115.
On Wednesday, after Vipshop Holdings Ltd. (VIPS.US) released its fourth quarter financial report, the stock price rose. As of the time of writing, the stock had risen by over 16%, reaching $20.115. The financial report shows that the company's total net revenue for Q4 was 34.674 billion yuan, compared to 31.758 billion yuan in the same period last year, an increase of 9.2%, exceeding market expectations. Net profit was 2.98 billion yuan, compared to 2.24 billion yuan in the same period last year, an increase of 33%. Diluted earnings per ADS were 5.35 yuan, compared to 3.66 yuan in the same period last year.
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