Duoxiangyun (06696) announced its 2023 results, with revenue of approximately RMB 1,192 billion (same unit), same...
According to Zhitong Finance App, Duoxiangyun (06696) announced its 2023 results, with revenue of approximately RMB 1,192 billion (same unit), up 139.21% year on year; profit attributable to company owners was RMB 33.67 million, down 51.17% year on year; basic earnings per share were 0.041 yuan.
According to the announcement, the increase in revenue was mainly due to continued business expansion and improved reputation among current and potential customers, which led to an increase in revenue and the launch of a new Douyin business during the reporting period. Among them, revenue from integrated marketing services increased by about 156.9% year-on-year to about 1,158 billion yuan. The increase was due to the accumulation of experience in serving customers over the years, launching programs and products that better meet customer marketing needs, receiving more investment from customers, and the influence of the Douyin business, which contributed to the sharp increase in digital marketing service revenue.