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百度的营收已经停止增长,控制成本成重中之重

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2019年11月12日

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Baidu’s sales stagnated in the third quarter but an improving bottom line sent the US-listed shares of China’s dominant search engine more than 5 per cent higher.

百度(Baidu)第三季度的销售停滞不前,但其不断提高的净利润让这家中国主要搜索引擎在美国的股票上涨逾5%。

The tech company has struggled to find a new source of revenue as its search business has flatlined amid a slowing economy, a trade war with the US and new competitors taking an increasing portion of advertising spend.

由于经济放缓、美中贸易战以及新竞争对手在广告支出中所占比例不断上升,导致其搜索业务停滞不前,因此这家科技公司一直在努力寻找新的营收来源。

百度的营收已经停止增长,控制成本成重中之重

The company’s third-quarter revenue reached Rmb28.1bn ($4bn), down slightly year-on-year but ahead of analysts’ estimates of Rmb27.5bn, according to Bloomberg.

根据彭博(Bloomberg)的数据,百度第三季度营收达到281亿元人民币(合40亿美元),同比略有下降,但高于分析师预测的275亿元人民币。

Revenue growth has slowed or stalled in recent quarters, due in part to business divestment, but analysts pointed to its improving bottom line, driven by cost controls, as a sign for optimism.

百度最近几个季度的营收增长已经放缓或停滞,其部分原因是业务剥离。但分析师指出,其净利润通过控制成本得到了提高,这是乐观的迹象。

Baidu’s revenues had stopped growing while costs had increased, said David Dai of Bernstein, noting management had turned the situation around. “They can’t really help their top line but costs are within their control and they were able to cut costs significantly,” said Mr Dai.

伯恩斯坦(Bernstein)的戴昊(David Dai)表示,百度的营收已经停止增长,而成本却在上升。他指出,是管理层扭转了局面。戴昊说:“他们不能真正帮助提高营收,但成本在他们的控制范围内,他们能够大幅削减成本。”

Herman Yu, Baidu’s chief financial officer, emphasised that its “disciplined approach to managing resources” had helped margins, pointing to its slowing spending on advertisements to attract users to its platforms.

百度首席财务官余正钧(Herman Yu)强调,该公司“严格的资源管理方法”帮助提高了利润率。他指的是该公司用于吸引用户使用其平台的广告支出正在放缓。

“With the economy like this we will be more careful in terms of spending,” Mr Yu told analysts.

余正钧告诉分析师:“在这样的经济形势下,我们在支出方面将更加谨慎。”

Baidu had forecast revenues for this quarter to come in at Rmb27.1bn to Rmb28.7bn.

百度此前预测,本季度营收将在271亿至287亿元人民币之间。


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