Kuaishou Technol Stock Price, News & Analysis

Kuaishou Technology (KSHTY) has announced it will release its unaudited first quarter 2025 financial results on May 27, 2025, after the Hong Kong market closes. The company will host a conference call on the same day at 7:00 PM Beijing Time (7:00 AM U.S. Eastern Time) to discuss the results.

The company will provide both Chinese and English conference lines, with the English line being available in listen-only mode. Participants must pre-register to receive dial-in details. A live and archived webcast will be available on Kuaishou's investor relations website, with conference replays accessible until June 3, 2025.

Kuaishou Technology (KSHTY) reported strong financial results for Q4 and full year 2024. In Q4, total revenue increased 8.7% YoY to RMB35.4 billion, with online marketing services contributing 58.3% and live streaming 27.8%. The company's Q4 profit rose 10% to RMB4.0 billion.

For full year 2024, revenue grew 11.8% to RMB126.9 billion, while profit surged 139.8% to RMB15.3 billion. The platform's user base expanded significantly, with average daily active users (DAUs) reaching 401.0 million in Q4, up 4.8% YoY. Total e-commerce GMV increased 14.4% to RMB462.1 billion in Q4.

Notable achievements include the launch of Kling, their AI visual generation model, which has generated over RMB100 million in revenue since monetization began. The company's AI initiatives have enhanced content recommendations and marketing efficiency, with average daily spending on AIGC marketing materials exceeding RMB30 million in Q4 2024.

Kuaishou Technology (Stock Code: 01024/81024) has achieved a significant milestone with its MSCI ESG rating upgrade from 'BBB' to 'A', positioning it as a top performer among peers. The company also earned a 'B' rating on the CDP climate change questionnaire in 2023-2024.

The platform, serving over 700 million users, demonstrates excellence across multiple ESG dimensions:

• Implements green data center operations with innovative cooling systems and renewable energy initiatives
• Maintains robust data security with ISO certifications covering 100% of business operations
• Offers comprehensive employee development through 'Kuaishou Middle School' with nearly 5,000 courses
• Contributes to social welfare with donations exceeding RMB200 million and creation of over 30 million job opportunities

The company's ESG governance is overseen by the Board's Corporate Governance Committee, ensuring sustainable practices and ethical business conduct across operations.

Kuaishou Technology (HKD: 01024 / RMB: 81024), a leading content community and social platform, has scheduled its Q4 and full-year 2024 financial results announcement for March 25, 2025, after the Hong Kong market closes.

The company will host a conference call on the same day at 7:00 PM Beijing Time (7:00 AM U.S. Eastern Time). The call will feature both Chinese and English options, with the English line available in listen-only mode. Pre-registration is required for participation, and registrants will receive dial-in details via email.

A live and archived webcast will be available on Kuaishou's investor relations website, with conference call replays accessible until April 1, 2025.

Kuaishou Technology has been awarded the Award of Excellence in ESG - Category 6 (Newly-listed Companies) at the Hong Kong Corporate Governance and ESG Excellence Awards 2024. The recognition highlights the company's achievements in sustainability, corporate transparency, and stakeholder value creation.

The company demonstrates excellence through its comprehensive ESG governance system, featuring strong oversight in green operations, privacy, and data security. Kuaishou has secured multiple ISO certifications, including ISO 27001, 27701, and 27017, covering all business operations. The platform emphasizes employee development, workplace diversity, and implements measures to protect young users and monitor content creators.

The Hong Kong Corporate Governance and ESG Excellence Awards, established in 2007, recognizes listed companies demonstrating outstanding commitment to corporate governance and ESG practices.

Kuaishou Technology (Stock Code: 01024/81024) announces its inclusion in the Hang Seng Index (HSI), effective December 9, 2024, following Hang Seng Indexes Company's review on November 22, 2024. The company will also join the HSI ESG Enhanced Index and HSI ESG Enhanced Select Index.

This inclusion reflects market recognition of Kuaishou's business performance and growth prospects, potentially enhancing trading liquidity and market valuation. The HSI, a major Hong Kong stock market indicator, selects constituents based on market value, turnover, industry group weighting, and financial performance.

Kuaishou Technology reported strong Q3 2024 results with total revenue increasing 11.4% YoY to RMB31.1 billion. The company achieved record-breaking user metrics with 407.5 million average DAUs (up 5.4% YoY) and 714.1 million MAUs (up 4.3% YoY) on Kuaishou APP. Total e-commerce GMV grew 15.1% to RMB334.2 billion. Profit increased to RMB3.3 billion from RMB2.2 billion YoY, while adjusted net profit rose 24.4% to RMB3.9 billion. Online marketing services revenue grew 20.0% to RMB17.6 billion, while live streaming revenue decreased 3.9% to RMB9.3 billion. The company's AI strategy, including Kling AI 1.5, continues to strengthen its ecosystem.

Kuaishou Technology (Stock Code: 01024/81024) announced it will release its unaudited Q3 and nine-month financial results for the period ended September 30, 2024, after the Hong Kong market closes on November 20, 2024. The company will host a conference call the same day at 8:00 PM Beijing Time to discuss the results. Both Chinese and English conference lines will be available, with the English line in listen-only mode. The call will be accessible via webcast on the company's investor relations website, with replays available until November 27, 2024.