Kuaishou Technology's Profit Falls in Q1

MT Newswires Live
May 27

Kuaishou Technology (HKG:1024) posted a profit attributable to equity holders of 2.90 billion yuan for the first quarter, down from 3.98 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.

Earnings per share came in at 0.66 yuan, compared with 0.91 yuan in the prior-year period.

Revenue increased 3.4% to 33.7 billion yuan from 32.6 billion yuan a year earlier.

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