Huya announced its financial report for the second quarter of 2023: total revenue reached 1.82 billion yuan, and monthly active users on the mobile terminal reached 82.9 million

According to news from this site on August 15, Huya Company (NYSE: HUYA) announced its second quarter financial report for 2023. Total revenue was 1.82 billion yuan, compared with 2.2752 billion yuan in the same period last year; in non-U.S. Under generally accepted accounting principles, the net profit attributable to Huya Company in the quarter was 120 million yuan, compared with 5.9 million yuan in the same period last year; according to U.S. GAAP, the net profit was 23.2 million yuan , a net loss of 19.4 million yuan in the same period last year.

Among them, Huya’s live broadcast revenue was 1.7157 billion yuan, was 2.0519 billion yuan in the same period last year, mainly due to the decrease in the number of quarterly paying users; advertising and other revenue was 105.8 million yuan, compared with 2233 million in the same period last year billion, mainly due to a sharp drop in content sublicensing revenue; R&D expenses were 144.3 million yuan, a year-on-year decrease of 14.3%; sales and marketing expenses were 106.4 million yuan, a year-on-year increase of 6.1%.

As of June 30, 2023, Huya's cash and cash equivalents, short-term deposits and long-term deposits were 10.8464 billion yuan, compared with 10.3476 billion yuan as of March 31, 2023.

In terms of user data, Huya Live’s mobile MAU (monthly average number of active users) reached 82.9 million.

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