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<Results>KUAISHOU-W 1Q Adj. Net Profit Down 26.3% YoY to RMB3.37B Beats; Revenue Up 3.4% to RMB33.72B In Line
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KUAISHOU-W (01024.HK) announced its results for 1Q26 ended March this year. Revenue grew 3.4% YoY to RMB33.716 billion, in line with expectations. Net profit sank 27% YoY to RMB2.903 billion, with EPS at RMB0.67.

Under non-IFRS measures, adjusted net profit declined 26.3% YoY to RMB3.374 billion, beating market expectations. Adjusted net margin was 10%, while adjusted EBITDA decreased 3.2% YoY to RMB6.23 billion.
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