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Paper Reading released its 2024 annual report: non-net profit attributable to mother reached 1.14 billion, and revenue reached a three-year high of 81.2 billion.
Jinshi data news on March 18th, China Reading Group released its annual performance report for 2024. The announcement shows that in 2024, China Reading achieved revenue of 81.2 billion yuan, a rise of 15.8% year-on-year, reaching the highest level in three years; Non-IFRS net profit attributable to the parent company was 1.14 billion yuan. Among them, the revenue of China Reading's online business increased by 2.1% year-on-year, MPU increased by 4.6% to reach 9.1 million; IP copyright revenue rose by 34.2% year-on-year; Derivatives business achieved rapid growth in 2024, with annual GMV exceeding 500 million yuan.