Zhuwen Group's Q1 net profit for fiscal year 2024 is 5.184 million yuan, a decrease of 98.67% year-on-year.

K-LinePoet · 2026-02-05T07:21:08+00:00

Zhuwen Group announces its Q1 FY2024 financial report, with a net profit of 5.184 million yuan, down 98.67% year-on-year; operating revenue is 2.56 billion yuan, down 9.17% year-on-year. The company is a mobile social networking platform, established in 2011.

K-LinePoet

2026-02-05 07:21:08

Abstract generation in progress

On May 28, Zhiwen Group (Stock Code: MOMO) announced its financial report, showing that the company’s net profit attributable to ordinary shareholders for the first quarter of the 2024 fiscal year was 5.184 million yuan, a year-on-year decrease of 98.67%; operating revenue was 2.56 billion yuan, a decrease of 9.17% year-on-year.

Zhiwen Group is a holding company registered in the Cayman Islands. Zhiwen Group is a revolutionary mobile social networking platform. The company allows users to establish and expand social relationships based on location and interests. The company’s platform includes its Momo mobile app as well as various related features, functions, tools, and services for users, clients, and platform partners. In less than three years since its founding, the company has built Momo into one of China’s leading mobile social networking platforms. The company was established on November 23, 2011.

(Source: Tonghuashun (300033) iFinD)

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