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DouYu net income declines in third quarter; Net revenues down 21.8%
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DouYu net income declines in third quarter; Net revenues down 21.8%

Financial news

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) – DouYu International (DOYU) reported net profit of RMB 3.4 million in the third quarter, compared to RMB 76.4 million for the same period of 2023. The net profit per ADS was 0.11 RMB compared to 2.39 RMB. . The adjusted net loss was RMB 39.8 million, compared to an adjusted net profit of RMB 71.9 million for the same period of 2023. The adjusted net loss by ADS was RMB 1.32 compared to a profit of 2.25 RMB.

Total net revenue decreased 21.8% to RMB 1.06 billion, compared to RMB 1.36 billion for the same period of 2023. Live streaming revenue decreased 34.7% to 752.1 million RMB. Average mobile MAUs in the third quarter were 42.1 million, compared to 51.7 million for the same period of 2023.

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