Brokers Foresee BABA FY2023 Non-GAAP NP to Dip 0.5%; Focus on Recovery & Restructuring

$BABA-SW(09988.HK)$ will release its financial results for FY2023 ended 31 March 2023 next Thursday (18th). According to ten brokers' forecasts, the non-GAAP net profit of BABA in FY2023 will range between RMB131.28 billion and RMB139.117 billion, representing a YoY change of 3.7% drop to 2% increase, compared to that of RMB136.388 billion in FY2022. The median was forecast to dip 0.5% YoY to RMB135.761 billion.