KUAISHOU-W 1Q26 Adj. Net Profit YoY -26.3% to RMB3.37B, Above Forecast; Revenue +3.4% YoY to RMB33.72B In Line

AASTOCKS News
2026.05.27 08:59
portai
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KUAISHOU-W reported a 3.4% YoY revenue increase to RMB33.72B for 1Q26, meeting expectations, while adjusted net profit fell 26.3% YoY to RMB3.37B, surpassing forecasts. Average DAUs and MAUs reached 413M and 772M, respectively. Revenue from Kling AI grew over 300% YoY, exceeding RMB650M. The Spring Festival campaign significantly boosted user interactions.