Netjoy Reports Mixed Mid-Year Financial Results

Netjoy Holdings Limited (HK:2131) has released an update.

Netjoy Holdings Limited, a company incorporated in the Cayman Islands, has reported a slight decrease in revenue to RMB 1.559 billion for the first half of 2024, compared to the same period in 2023, but saw an increase in gross profit by 6.68% and in adjusted net profit by 5.56%. The company attributes these results to strategic adjustments aiming at stabilizing profitability through optimizing customer structure and improving high-quality operating income. Despite a challenging global market, Netjoy continues to innovate in AI and e-commerce service solutions, serving an increased number of key account advertisers and diversifying into overseas markets.

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