Zhuwen Group's Q1 net profit for fiscal year 2024 is 5.184 million yuan, a decrease of 98.67% year-on-year.

2026-02-24 00:26:20

On May 28th, Zhiwen Group (Stock Code: MOMO) announced its financial report, showing that the company’s net profit attributable to ordinary shareholders for the first quarter of fiscal year 2024 was 5.184 billion yuan, a year-over-year decrease of 98.67%; operating revenue was 2.56 billion yuan, a year-over-year decrease of 9.17%.

Zhiwen Group is a holding company registered in the Cayman Islands. Zhiwen Group is a revolutionary mobile social networking platform. The company allows users to establish and expand social relationships based on location and interests. The company’s platform includes its Momo mobile app as well as various related features, functions, tools, and services for users, customers, and platform partners. In less than three years since its founding, the company has built Momo into one of China’s leading mobile social networking platforms. The company was established on November 23, 2011.

(Data source: Tonghuashun (300033) iFinD)

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