Huya (HUYA) has released an update.
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Huya Inc. reported a strong performance for the third quarter of 2024, with game-related services and advertising revenues surging by 209.3% year-over-year to RMB410.2 million, despite a decline in total net revenues to RMB1,537.7 million. The company managed to increase its net income to RMB23.6 million, driven by strategic business adjustments and a focus on cost efficiency. Huya also emphasized its commitment to shareholder value through share repurchases and special dividends.
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