BEIJING (dpa-AFX) - KE Holdings Inc., (BEKE), a Chinese real estate holding company, Thursday reported net income of RMB1.171 billion or $167 million for the third quarter, higher than RMB1.158 billion in the same period a year ago.
Net income per ADS was RMB1.00 or $0.14, up from RMB0.97 last year.
Excluding one-time items, adjusted net income was RMB1.785 billion or $254 million, lower than RMB2.147 billion a year ago.
Adjusted income per ADS was RMB1.53 or $0.22, compared to RMB1.80 last year.
Income from operations declined to RMB727 million or $104 million from RMB911 million a year ago, and adjusted income from operations decreased to RMB1.363 billion or $194 million from RMB1.886 billion.
Revenue for the quarter increased 26.8 percent year-over-year to RMB22.6 billion or $3.2 billion.
Mobile monthly active users (MAU) averaged 46.2 million in the third quarter, compared to 49.2 million last year.
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