Quantasing Group Ltd. ADR (QSG) has released an update.
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QuantaSing Group Ltd. ADR reported a strong financial performance for the fourth quarter and the full fiscal year of 2024, with a significant increase in revenues and net income, along with substantial user growth. The fourth quarter saw revenues climb to RMB1,000.1 million, a 20.7% increase year-over-year, while net income reached RMB196.6 million. For the full year, revenues were up 23.2%, with net income turning positive compared to the previous fiscal year’s loss.
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