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Ant Group quarterly profit down 91% to 1.2 billion yuan
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Ant Group quarterly profit down 91% to 1.2 billion yuan
Mar 19, 2026 3:22 AM

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' 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 ( BABA ) holds a 33% stake in Ant.

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