Zhihu Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 26, 2024 at 04:38 am EDT
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Zhihu Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was CNY 1,138.3 million compared to CNY 1,113.97 million a year ago. Net loss was CNY 103.77 million compared to CNY 179.68 million a year ago. Basic loss per share from continuing operations was CNY 0.18 compared to CNY 0.295 a year ago. Diluted loss per share from continuing operations was CNY 0.18 compared to CNY 0.295 a year ago.
For the full year, revenue was CNY 4,198.89 million compared to CNY 3,604.92 million a year ago. Net loss was CNY 843.64 million compared to CNY 1,581.16 million a year ago. Basic loss per share from continuing operations was CNY 1.41 compared to CNY 2.595 a year ago. Diluted loss per share from continuing operations was CNY 1.41 compared to CNY 2.595 a year ago.
Zhihu Inc is a China-based holding company principally engaged in the operation of online question-and-answer (Q&A) communities. The Company is principally engaged in the provision of advertising services, paid membership services, content monetization solutions and other services. The Company's online community provides a platform for users to find solutions, make decisions, find inspiration and have fun. The Company's online community is an online content community based on user-generated content (UGC). In addition, the Company's platform offers a range of contents such as daily life choices, esoteric knowledge content or unique experiences, and important life choices.