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Kuaishou 3Q adj. Loss expands to rmb4.822b

AAStocks ·  Nov 23, 2021 04:14

$KUAISHOU-W(01024.HK)$ announced the results for the third quarter ended September 30, 2021, the loss expanded to RMB7.087 billion from RMB29.28 billion in the same period last year.  

Based on non-IFRS measures, adjusted net loss amounted to RMB4.822 billion, against loss of RMB962 million a year ago. Adjusted EBITDA was negative RMB3.38 billion, against positive RMB326 million a year ago.

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