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<Results>KUAISHOU-W 4Q24 Adj. NP Up 7.8% YoY to RMB4.701B Slightly Beats
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KUAISHOU-W (01024.HK) announced its results for the fourth quarter ended December 2024. Non-IFRS adjusted net profit rose 7.8% YoY to RMB4.701 billion, slightly exceeding the comprehensive forecasts of 4 brokers summarized by our reporters ranging from RMB4.536 billion to RMB4.677 billion.

Profit for the quarter amounted to RMB3.974 billion. Revenue increased by 8.7% YoY to RMB35.384 billion. Adjusted EBITDA hiked by 12% YoY to RMB6.869 billion.

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