Alibaba Group's (HKG:9988) attributable net income for the fourth fiscal quarter ended March 31 rose 106% to 25.48 billion yuan from 12.38 billion yuan a year prior.
The Chinese ecommerce and tech giant's earnings per share increased to 1.30 yuan from 0.65 yuan in the corresponding period of the previous fiscal year, according to a Wednesday Hong Kong bourse filing.
Revenue climbed 3% to 243.38 billion yuan from 236.45 billion yuan in the year-ago period.
For the full year ended March 31, attributable net income slipped to 105.9 billion yuan from 129.47 billion yuan a year prior, with revenue increasing to 1.024 trillion yuan from 996.35 billion yuan previously.
The company's board approved a cash dividend of $0.13125 per ordinary share or $1.05 per American depositary share for the fiscal year 2026, payable to shareholders of record on June 11. It will be paid on or around July 6 and July 13, respectively, to holders of ordinary shares and ADSs.
