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Douyu's net profit in the third quarter was 71.9 million yuan, an increase of 180% over the same period last year.

2024-02-27 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

According to CTOnews.com news on December 7, Douyu released an unaudited financial report for the third quarter of 2023, with total net income of 1.359 billion yuan, of which live broadcast revenue was 1.151 billion, while advertising and other revenue increased by 123.2% to 208 million yuan from 93.3 million yuan in the same period last year. Gross profit was 192 million yuan, corresponding to a gross profit margin of 14.2%.

Under the US general accounting standards, Douyu achieved a net profit of 76.4 million yuan; under non-US general accounting standards, the net profit was 71.9 million yuan, an increase of 180% over the same period last year and 17.2% month-on-month growth.

CTOnews.com noted that in the third quarter, the average MAU of Douyu's mobile phone increased to 51.7 million, with 3.9 million paying users. Douyu has broadcast a total of 52 major official events, including 2023 League of Legends LPL Summer Games, 2023 Arena of Valor KPL Summer Games, 2023 Game for Peace PEL Summer Games, Dota 2 Bali Major and Riyadh Masters, Xinyou Dauntless contract Global Championships and so on.

At the same time, Douyu also won the exclusive rights of League of Legends's three-year live broadcast of the global finals, the EACC Champions Cup Summer Games, the FIFA Intercontinental Cup (FECC) and other major events.

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