Douyu's net profit for the first quarter of fiscal year 2024 is -87.953 million yuan, a decrease of 705.86% year-on-year.

K-LinePoet · 2026-02-20T08:16:50+00:00

Douyu (DOYU) released its financial report for the first quarter of fiscal year 2024, with a net profit of -87.953 million yuan, a year-on-year decrease of 705.86%; operating revenue was 1.04 billion yuan, a year-on-year decrease of 29.9%. Douyu was founded in 2018 and is a leading domestic live streaming platform, mainly offering gaming and other live content.

K-LinePoet

2026-02-20 08:16:50

Abstract generation in progress

On June 5th, DouYu (Stock Code: DOYU) announced its financial report, showing that the company’s net profit attributable to common shareholders for the first quarter of fiscal year 2024 was -87.953 million yuan, a year-over-year decrease of 705.86%; operating revenue was 1.04 billion yuan, a decrease of 29.9% year-over-year.

DouYu Network Technology Co., Ltd. was registered and established on January 5, 2018, under the laws of the Cayman Islands. The company is a live streaming sharing platform that aims to bring joy to everyone and is a leader among domestic live streaming sharing websites. DouYu’s predecessor was Shengfang Live Broadcast, which officially renamed to DouYu on January 1, 2014, striving to steadily improve and do its best based on the existing foundation. Currently, DouYu mainly focuses on game live streaming, covering various content such as sports, variety shows, and entertainment. Every day, thousands of viewers and streamers share laughter and find their own unique happiness on DouYu.

(Source: Tonghuashun (300033) iFinD)

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