QuantaSing Group Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was CNY 945.57 million compared to CNY 807.24 million a year ago. Net income was CNY 14.63 million compared to net loss of CNY 22.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to basic loss per share from continuing operations of CNY 0.57 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to diluted loss per share from continuing operations of CNY 0.57 a year ago.
For the nine months, sales was CNY 2,795.25 million compared to CNY 2,253.03 million a year ago. Net income was CNY 188.92 million compared to net loss of CNY 161.34 million a year ago. Basic earnings per share from continuing operations was CNY 3.42 compared to basic loss per share from continuing operations of CNY 6.69 a year ago. Diluted earnings per share from continuing operations was CNY 3.3 compared to diluted loss per share from continuing operations of CNY 6.69 a year ago.