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Joyful Gathering reports a net profit of $44.939 million for Q1 FY2024, a 76.79% increase year-over-year.
YY (Stock Code: YY) announced its financial report on May 28. The announcement shows that the company’s net profit attributable to common shareholders for the first quarter of fiscal year 2024 was $44.99 million, a year-over-year increase of 76.79%; revenue was $565 million, a decrease of 3.27% year-over-year.
YY Group was founded in April 2005 and went public on NASDAQ in November 2012 (NASDAQ: YY). It is an innovative global technology internet company. YY is committed to continuously expanding a diversified business ecosystem, connecting hundreds of millions of users worldwide through technology. Its core products now cover more than 150 countries and regions globally.
(Source: Tonghuashun (300033) iFinD)