(RTTNews) - iHuman Inc. (IH) Thursday announced a sharp fall in third-quarter earnings on reduced revenue compared to the prior year.
The quarterly profit declined to RMB25.1 million or $3.6 million, compared with RMB51.9 million in the same period last year.
On a per share basis, earnings per ADS were RMB0.48 or $0.07 per share and RMB0.47 or $0.07 per share, respectively, compared with RMB0.98 and RMB0.95 in the same period last year.
Revenues were RMB239.4 million or $34.1 million, down from RMB261.5 million in the same period last year.
Average total MAUs increased 14.8 percent to 29.12 million.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
