US Amazon profit decline for the first time in 9 quarters October 25, 12:57
US online shopping giant Amazon.com's financial results for the three months to September show a final profit of 20% compared to the same period last year, as the cost of delivery pressed the profit. This decreased for the first time in nine quarters.
Amazon.com announced on the 24th that the financial results for the three months from July to September were sales of US $ 69.9 billion, or more than ¥ 7,580 billion in Japanese yen. About 24%.
On the other hand, the final profit was $ 2.1 billion, or more than ¥ 220 billion in Japanese yen, a substantial decrease of approximately 26% compared to the same period last year.
This is the first time in nine quarters since Amazon's three months from April to June.
Regarding this, the company explained that the cost of the delivery service on the next day of the order in the online mail order business was high, and it pressed the profit.
In addition, the end of the year-end business battle has been in full swing, and for the three months until December, Amazon was affected by the fact that there were many users who had already placed orders by last month due to the so-called rush demand before the consumption tax rate was raised in Japan. This shows that sales growth will be somewhat slower.