Jumei International Holding Limited announced unaudited consolidated earnings results for the third quarter ended September 30, 2015. For the third quarter, the company reported total net revenues of RMB 1,941.624 million against RMB 971.212 million a year ago. Loss from operations was RMB 65.140 million against income from operations of RMB 105.802 million a year ago. Loss before tax was RMB 100.292 million against profit before tax of RMB 150.045 million a year ago. Net loss was RMB 82.820 million against net profit of RMB 120.036 million a year ago. Net loss attributable to the company was RMB 86.906 million against net profit attributable to the company of RMB 120.036 million a year ago. Net loss attributable to the company's ordinary shareholders was RMB 86.906 million or RMB 0.59 per basic and diluted share against net income attributable to the company's ordinary shareholders of RMB 120.036 million or RMB 0.80 per diluted share a year ago. Non-GAAP loss from operations was RMB 55.670 million against non-GAAP income from operations of RMB 115.087 million a year ago. Non-GAAP net loss attributable to the company's ordinary shareholders was RMB 77.436 million or RMB 0.53 per basic and diluted share against non-GAAP net income attributable to the company's ordinary shareholders of RMB 129.321 million or RMB 0.86 per diluted share a year ago. The company's operating cash flow improved significantly in the third quarter to RMB 345.6 million as the company optimized Jumei Global inventories. Net loss per basic and diluted ADS were RMB 0.59 compared with net income per basic and diluted ADS of RMB 0.80 for the same period of 2014. Non-GAAP net loss per basic and diluted ADS were RMB 0.53 compared with non-GAAP net income per basic and diluted ADS of RMB 0.86 in the same period of 2014. The increase was primarily attributable to increases in the number of active customers and total orders, which in turn resulted primarily from the high volumes generated by Jumei Global as well as the shift from beauty product marketplace sales to merchandise sales.

For the fourth quarter of 2015, the company expects total net revenues to be between RMB 1.83 billion and RMB 1.93 billion, representing a year-over-year growth rate of approximately 80% to 90%. These forecasts reflect the company's current and preliminary view, which is subject to change. The company saw margin pressure in the third quarter as a result, but expects to return to profitability in the fourth quarter.