The group released the first quarter financial report of fiscal year 2021. The financial report showed that Alibaba’s revenue in the first quarter was 153.75 billion yuan, a year-on-year increase of 34%, and the net profit under non US GAAP was 39.47 billion yuan, with a year-on-year increase of 28%. < p > < p > according to the financial report, ant group calculated its profit share based on 33% equity. It contributed 3 billion profit to Ali in the quarter ending in June. As Ali delayed recording ant financial’s profit for one quarter, it meant that ant’s profit in the quarter ended in March this year was about 9 billion yuan.