Joyful Gathering reports a net profit of $44.939 million for Q1 FY2024, a 76.79% increase year-over-year.

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On May 28, Huya Inc. (Stock Code: YY) announced its financial results, showing that the company’s net profit attributable to ordinary shareholders for the first quarter of fiscal year 2024 was $44.939 million, a year-over-year increase of 76.79%. Revenue was $565 million, a decrease of 3.27% year-over-year.

Huya Group was founded in April 2005 and went public on NASDAQ in November 2012 (NASDAQ: YY). It is an innovative global technology internet company. Huya continuously expands its diversified business ecosystem, connecting hundreds of millions of users worldwide through technology. Its core products now cover more than 150 countries and regions globally.

(Source: Tonghuashun (300033) iFinD)

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