Jifeng shares 2024 first quarter financial report released

Jifeng Co., Ltd. recently announced its financial report for the first quarter of 2024. The report showed that the company achieved revenue of 5.287 billion yuan in the quarter, a year-on-year increase of 3.45% and a month-on-month decrease of 6.13%. The net profit attributable to the parent company was only 19 million yuan, a year-on-year decrease of 68.23% and a month-on-month decrease of 61.62%. In addition, the company's net profit attributable to the parent company after deducting non-recurring items was 16 million yuan, a year-on-year decrease of 75.56% and a month-on-month decrease of 67.80%.