Zhihu Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 23, 2023 at 05:52 am EDT
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Zhihu Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CNY 1,044.21 million compared to CNY 836.02 million a year ago. Net loss was CNY 279.84 million compared to CNY 487.02 million a year ago. Basic loss per share from continuing operations was CNY 0.46 compared to CNY 0.795 a year ago. Diluted loss per share from continuing operations was CNY 0.46 compared to CNY 0.795 a year ago.
For the six months, revenue was CNY 2,038.43 million compared to CNY 1,579.24 million a year ago. Net loss was CNY 461.2 million compared to CNY 1,101.3 million a year ago. Basic loss per share from continuing operations was CNY 0.76 compared to CNY 1.81 a year ago. Diluted loss per share from continuing operations was CNY 0.76 compared to CNY 1.81 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.