Alibaba reported an attributable net loss of 5.5 billion yuan renminbi (€710m-$836m) for the fourth quarter ended March 31, primarily due to a RMB 18.2 billion (€2.3bn-$2.8bn) anti-trust fine imposed by Chinese anti-trust regulators which charged the company of abusing its dominant market position. The fine represented about 4 percent of the company’s annual sales in China.

On an adjusted basis, the net income was RMB 26.2 billion (€3.4bn-$4.0bn), up by 18 percent year-over-year. Revenues grew by 64 percent to RMB 187.4 billion (€24.1bn-$28.6bn).

Excluding the consolidation of a recently acquired Chinese supermarket chain, Sun Art, revenues were up by 40 percent to RMB 160.0 billion (€20.5bn-$24.4bn).

The company expects to generate over RMB 930 billion (€119.4bn-$144.1bn) in revenues in fiscal year 2022. In the full year to March 31, 2021, revenues totalled RMB 717.3 billion (€92.1bn-$109.5bn), an increase of 41 percent year-over-year. It generated an attributable net profit of RMB 150.3 billion (€19.3bn-$22.9bn), up by 1 percent from the previous year.

The number of active consumers for the Alibaba ecosystem exceeded 1 billion last year. The number active consumers on its Chinese retail marketplaces reached 811 million, an increase of 85 million from the 12 months ended March 31, 2020.

The gross merchandise volume (GMV) transacted in the Alibaba ecosystem totalled RMB 8,119 billion (€1,042bn-$1,239bn) for fiscal 2021, including GMV in its Chinese retail marketplaces of RMB 7,494 billion (€962bn-$1,144bn).