Quantasing Group Ltd. ADR (QSG) has released an update.
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QuantaSing Group Ltd. reported a strategic shift towards the silver economy, resulting in a 19% revenue decline for the first quarter of fiscal year 2025. Despite the decrease, the company achieved a net income of RMB80.7 million and experienced a significant rise in total registered users by 30.2%. With a strengthened cash position and improved operational efficiency, QuantaSing is poised for growth in the aging population market.
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