Huya releases its financial reports for the fourth quarter and full year of 2023
王俊杰2017
发表于 2024-3-19 20:49:58
332
0
0
On the evening of March 19th, Huya Company released its financial reports for the fourth quarter and full year of 2023. According to the financial report, the total revenue of Huya Company for the whole year of 2023 was 7 billion yuan; Under non US GAAP accounting standards, the net profit attributable to Huya Company for the whole year was 120 million yuan; In terms of user data, the average monthly active users of Huya Live Mobile reached 84.1 million throughout the year. In the fourth quarter of 2023, Huya Company's total revenue was 1.53 billion yuan. In terms of revenue composition, in the fourth quarter of 2023, Huya Company's revenue from live streaming was 1.343 billion yuan (189 million US dollars), and its revenue from advertising and other businesses was 186 million yuan (26.2 million US dollars). In this quarter, the mobile MAU of Huya Live reached 85.5 million.
Huya Company also announced that its board of directors has approved the distribution of a special cash dividend of $0.66 per ordinary share or ADS (American Depositary Shares), which will be paid in US dollars to the registered ordinary shareholders and ADS holders who will be closed on May 10, 2024. The ex dividend date is May 9th, 2024. The total amount of cash expected for this dividend distribution is approximately $150 million, which will be paid through the company's surplus cash. The expected payment date is May 24, 2024 or around.
Previously, the board of directors of Huya Company authorized a stock repurchase plan on August 15, 2023, to repurchase up to $100 million worth of stocks within the following 12 months. As of December 31, 2023, Huya has repurchased 9.2 million shares of ADS, totaling $28.8 million.
Huang Junhong, Acting Co CEO and Senior Vice President of Huya Company, stated, "In the fourth quarter of 2023, we will continue to provide users with rich gaming and esports content, while upgrading interactive functions to enhance the viewing experience. At the same time, we have made good progress in optimizing and upgrading our technology, products, and operational strategies, thereby providing users with more innovative game related services. Therefore, the user level of Huya Live has remained stable this quarter, with an average mobile MAU of 85.5 million. Thanks to more users paying for our platform's newly launched game related services, the paid users of Huya Live have slightly increased to 4.3 million in the fourth quarter. Despite the market situation entering 2024, Despite rapid changes, we will continue to consolidate our company's core live streaming business while promoting the development of game related services to expand our business scope and increase new sources of revenue. With the steady implementation of our strategic transformation, we are confident in our future business prospects
Wu Xin, Acting Co CEO and Vice President of Finance of Huya Company, stated, "Given the current industry environment and our proactive business adjustments, Huya Company's live streaming revenue has contracted in the fourth quarter. Nevertheless, we are pleased to see advertising and other business revenue increase by 40.5% month on month and 29.2% year-on-year. This is mainly due to our deepening cooperation with game companies, which has promoted the growth of game advertising and distribution service revenue. In 2023, Huya Company's total revenue was RMB 7 billion. Through continuous and comprehensive efforts to improve cost efficiency and operational levels, we have achieved year-on-year increases in various profit margins. At the same time, we are committed to continuously improving shareholder value through rigorous capital allocation as of the end of 2023." We have repurchased $28.8 million worth of Huya shares. In addition, we are pleased to announce that we will distribute a special cash dividend of approximately $150 million to shareholders. Looking ahead, we will continue to strengthen our operational and financial capabilities to promote sustainable development
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- NIO releases second quarter financial report with revenue of 17.45 billion yuan, and the US stock market closed up more than 14% on the same day
- Recharge 'AI Faith'! Micron announces explosive financial report, stock price surges by over 14% after closing
- Micron's financial report is exciting! The stock price surged by over 14% after the market closed, and the next quarter's performance guidance exceeded expectations comprehensively
- Top 20 US stock transactions: Micron Technology's impressive financial report saw a post market increase of over 13%
- Is winter really coming? Micron's financial report hits face, leading to a collective frenzy of global chip stocks
- Cybercab's popularity is no longer high, and domestic brands continue to "besiege" Tesla, striving to sprint for the fourth quarter
- Boeing's first financial report since new CEO takes office: Q3 loss expands by 277% year-on-year, aircraft deliveries cut by 11
- AMD expects GPU sales to exceed $5 billion this year: Q4 revenue guidance falls short of expectations, market worries about AI demand
- Just now! Apple releases financial report, iPhone business shows stable performance, Greater China business under pressure
- After the friction between Qualcomm and Arm, the first financial report has been released, and the mobile phone related business has entered a period of recovery
-
2024年11月7日,由新华社新闻信息中心、新华社上海分社、新华社品牌工作办公室主办的“品牌·让世界更美好”中外品牌论坛在上海举办。此次论坛,理想汽车荣获“通用ESG企业评价规范”年度最佳品牌奖。理想汽车将 ...
- cool88817
- 昨天 19:20
- 支持
- 反对
- 回复
- 收藏
-
【别跟我提特朗普!鲍威尔发布会:无需过度解读措辞改变 民众“不觉得经济好”没错】北京时间周五凌晨3点30分,美联储主席鲍威尔举行新闻发布会,就继续降息25个基点的决定和市场热点话题回答全球媒体提问。鲍威尔在 ...
- anhao007
- 昨天 22:48
- 支持
- 反对
- 回复
- 收藏
-
何思文表示,“在进博会这个平台上,我们开启的是倾听模式,通过进博会展出各类产品,收集消费者的需求和反馈,进而帮助决定未来进口到中国的产品。过去,汽车行业的许多创新源于美国加州或欧洲。我相信,中国正 ...
- MaxLucky
- 昨天 12:44
- 支持
- 反对
- 回复
- 收藏
-
11月5日至10日,第七届中国国际进口博览会(下称“进博会”)在国家会展中心(上海)举办。在进博会期间,平安健康医疗科技有限公司(下称“平安健康”)与美敦力(上海)管理有限公司(下称“美敦力”)达成战 ...
- Hidden2
- 3 天前
- 支持
- 反对
- 回复
- 收藏