Scienjoy: Up on revenue, profit surge

Scienjoy Holding

26/05/2021 15:29

** Shares of Chinese live entertainment mobile streaming
platform Scienjoy Holding Corp  SJ.O  rise 1.1% to $7.75
    ** Q1 revenue rises 68.8% to 365 mln Chinese yuan ($57.10
mln)
    ** Net income increases 88.4% to 71 mln yuan  urn:newsml:reuters.com:*:nPn6WMYypa
    ** CEO says results driven by continued improvement in the
paying user count and user paying ratio
    ** Total paying users up 20.5% to 291,949 in Q1
    ** Co sees Q2 revenue of 356 mln yuan to 374 mln yuan
    ** YTD, stock down ~10%     

($1 = 6.3926 Chinese yuan)

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))