Futu News reported on May 18, “Little Tencent in Southeast Asia”$Sea Limited (SE.US) $The results report for the first quarter ended March 31, 2021 was announced before the US stock market. The data shows:
Total revenue was US$1.8 billion, up 146.7% year on year
Gross profit of US$645 million, a year-on-year increase of 212.1%
Adjusted profit before interest, tax and amortization (EBITDA) was $88.1 million, compared to a loss of $69.9 million for the same period of the previous year
Net loss was US$422 million, compared to net loss of US$280 million in the same period of the previous year
After the financial report was announced, as of 18:48 Beijing time, Sea dropped 7% before the market to 203.53 US dollars.
Attached:Sea Limited First Quarter Results Report.pdf
Editor/Isaac