Huya Inc (HUYA) has released an update.
Huya Inc., a game live streaming platform in China, has reported a first quarter net income of RMB71.0 million in 2024, rising from RMB39.6 million in the previous year, alongside a marginal increase in mobile MAUs to 82.6 million. The company’s revenues from game-related services saw a significant year-over-year growth, contributing to a higher gross margin and an overall profitability boost. Additionally, Huya Inc. is actively enhancing shareholder value by repurchasing shares and announcing a special cash dividend totaling approximately US$150 million.
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