Kanzhun reports Q EPS RMB 1.03 vs. RMB 0.95 last year

Reports Q revenue RMB 1.91B vs. RMB 1.61B last year. Average monthly active users for Q3 were 58M. Jonathan Peng Zhao, founder, chairman and CEO of the company, remarked, “While the overall recruitment market environment remained challenging in the third quarter, our strategical emphasis on key growth engines continue to yield positive results. Robust user growth, solid enterprise retention and stable ARPPU (average revenue per paying enterprise user), all attest the resilience of our business model in the face of headwinds and the sustainability of our monetization approach. Our unwavering commitment to shareholder returns, coupled with ongoing share repurchase efforts, underscores the management’s resolute confidence in the Company’s long-term growth trajectory.”