Zhihu Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 29, 2023 at 03:45 am EST
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Zhihu Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CNY 1,022.16 million compared to CNY 911.71 million a year ago. Net loss was CNY 278.67 million compared to CNY 300.18 million a year ago. Basic loss per share from continuing operations was CNY 0.47 compared to CNY 0.49 a year ago. Diluted loss per share from continuing operations was CNY 0.47 compared to CNY 0.49 a year ago.
For the nine months, revenue was CNY 3,060.59 million compared to CNY 2,490.95 million a year ago. Net loss was CNY 739.87 million compared to CNY 1,401.48 million a year ago. Basic loss per share from continuing operations was CNY 1.225 compared to CNY 2.3 a year ago. Diluted loss per share from continuing operations was CNY 1.225 compared to CNY 2.3 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.