Zhiwen Group’s revenue in the third quarter was 3.23 billion yuan, down 14% year-on-year

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Sina Technology News News on the afternoon of December 8, Beijing time, Zhiwen Group (NASDAQ: MOMO, formerly “Momo”) today released its financial report for the third quarter of 2022 as of September 30. According to the financial report, Zhiwen Group’s net revenue in the third quarter was 3.233 billion yuan (about 454.5 million U.S. dollars), a decrease of 14.0% compared with 3.7592 billion yuan in the same period last year. Net profit attributable to Zhiwen Group was 450.8 million yuan (about 63.4 million U.S. dollars), compared with 403.2 million yuan in the same period last year. Not measured in accordance with US GAAP (Non-GAAP), the net profit attributable to Zhiwen Group was 535.8 million yuan (about 75.3 million U.S. dollars), compared with 571.6 million yuan in the same period last year.

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