--- title: "KUAISHOU-W enters a comprehensive profit-making era, with an annual adjusted net profit reaching 10.27 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/200248831.md" description: "On March 20, KUAISHOU-W released its financial results for the fourth quarter and full year of 2023, entering a comprehensive profitable era. The data shows that KUAISHOU-W achieved a turnaround from losses to profits in both annual adjusted net profit and period profit, significantly exceeding market expectations. In particular, the adjusted net profit exceeded 10 billion for the first time, reaching 10.27 billion yuan" datetime: "2024-03-20T08:34:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/200248831.md) - [en](https://longbridge.com/en/news/200248831.md) - [zh-HK](https://longbridge.com/zh-HK/news/200248831.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/200248831.md) | [繁體中文](https://longbridge.com/zh-HK/news/200248831.md) # KUAISHOU-W enters a comprehensive profit-making era, with an annual adjusted net profit reaching 10.27 billion yuan On March 20, KUAISHOU-W released its fourth quarter and full-year performance for 2023, entering a comprehensive profitable era. The data shows that KUAISHOU-W achieved a turnaround from losses to profits in both adjusted net profit and period profit for the full year, significantly exceeding market expectations. In particular, the adjusted net profit exceeded 10 billion for the first time, reaching 10.27 billion yuan ### Related Stocks - [KUAISHOU-WR (81024.HK)](https://longbridge.com/en/quote/81024.HK.md) - [KUAISHOU-W (01024.HK)](https://longbridge.com/en/quote/01024.HK.md) ## Related News & Research - [Kuaishou Technology Files Next Day Disclosure Return to HKEX for 24,371 New Shares Issued at Up to HKD 62.3 Each](https://longbridge.com/en/news/274296436.md) - [China fines Kuaishou over $17 million for failure to curb offensive content](https://longbridge.com/en/news/275107090.md) - [Xpeng Mar deliveries rebound sequentially despite year-on-year decline](https://longbridge.com/en/news/281331957.md) - [Several Baidu Apollo Go Robotaxis Freeze In China, Raising Concerns About AV Safety: Report](https://longbridge.com/en/news/281345987.md) - [Nio to launch 2026 ES6, EC6, ET5, and ET5 Touring on Apr 2](https://longbridge.com/en/news/281291925.md)