Summary by Moomoo AI
Metu Corporation (the “Company”) announces its audited consolidated results for the year ended December 31, 2023. The annual results showed that the net profit of the company and its subsidiaries, Metu Network and Metu Ida Network, reached approximately RMB3.7 billion, an increase of 233.2% year-on-year. Revenue grew by 29.3% year-on-year to approximately RMB27.0 billion. The number of monthly active users reached about 2.5 million, up 2.6% year-on-year. The company highlights its R&D investment in AI technology and expects to introduce more AI features in 2024. In addition, the company is excited about the strategic opportunity of partnering with Kok and expects to increase the market impact of the Kok community through the collaboration. The company has also made a handful of equity investments and acquisitions to enhance future AI capabilities. The Board of Directors proposes the payment of a final dividend from the share premium payment.