08:53 AM EST, 03/06/2025 (MT Newswires) -- JD.com ( JD ) reported higher-than-expected fourth-quarter results, driven by double-digit growth in most of the Chinese e-commerce giant's product categories amid improving consumption trends.

The company on Thursday posted adjusted earnings of 7.42 renminbi ($1.02) per American depositary share for the December quarter, up from 5.30 renminbi a year earlier and surpassing the FactSet-polled consensus of 6.20 renminbi. Revenue climbed 13% year over year to 346.99 billion renminbi, topping the Street's view for 330.66 billion renminbi.

JD's Nasdaq-listed shares gained 2% in premarket activity.

"Our topline growth returned to double digits year-on-year, and bottom line also achieved healthy expansion," Chief Executive Sandy Xu said in a statement. "In addition, most of our product categories as well as key metrics such as our quarterly active users and shopping frequency saw strong double-digit growth year-on-year in (the fourth quarter), reflecting our growing mindshare among consumers."

Revenue in the retail segment advanced to 307.06 billion renminbi from 267.65 billion renminbi in the prior-year period. The logistics division saw revenue rise to 52.1 billion renminbi from 47.2 billion renminbi. Revenue from new businesses dropped 31% to 4.68 billion renminbi.

Electronics and home appliances revenue inclined 16% to 174.15 billion renminbi, while general merchandise sales grew 11% to 106.83 billion renminbi. Service revenue increased to 66.01 billion renminbi from 59.58 billion renminbi last year.

"The momentum was broad-based across multiple categories and revenue streams, reflecting positive macro consumption trends and JD's expanding market share," Chief Financial Officer Ian Su Shan said. "Our profitability also continued to rise year-on-year throughout 2024, driven by our optimization in cost and operating efficiency."

Adjusted operating margin came in at 3% versus 2.5% in the prior-year quarter. General and administrative costs rose to 2.46 billion renminbi from 2.38 billion renminbi. Fulfillment expenses, including procurement, warehousing, delivery, customer service and payment processing costs, increased 16% to 20.12 billion renminbi.

"We head into 2025 with more optimism as consumption sentiment steadily picks up," according to Xu.