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<Results>KUAISHOU-W 1Q NP Dips 3.4% YoY to RMB3.98B; Non-IFRS NP Climbs 4.4%; Kling AI Rev. Hits RMB150M+
Recommend 30 Positive 61 Negative 21 |
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KUAISHOU-W (01024.HK) has announced its results for 1Q ended March 2025. The company's 1Q revenue reached RMB32.608 billion, up 10.9% YoY, while its net profit fell by 3.4% YoY to RMB3.978 billion. Its EPS stood at RMB0.93. Under non-IFRS, KUAISHOU-W's adjusted net profit grew by 4.4% YoY to RMB4.58 billion, 1Q adjusted net profit margin hit 14%, and adjusted EBITDA leaped by 7.6% to RMB6.434 billion. KUAISHOU-W's Kling AI accelerated its commercialization, generating over RMB150 million in revenue in 1Q. The company's focused strategy on core international markets has yielded tangible results after two years of implementation, achieving a positive quarterly operating profit for the overall overseas business for the first time in 1Q. AAStocks Financial News |
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