Market Insight

2024.05.09 10:33

Market News AUTOHOME (02518) Q1 net income RMB394.5M

(Infocast News) AUTOHOME (02518) announced its unaudited financial results for the three months ended March 31, 2024. Net revenues in the first quarter of 2024 were RMB1,609.1 million (US$222.9 million), compared to RMB1,533.6 million in the corresponding period of 2023. Net income attributable to Autohome in the first quarter of 2024 was RMB394.5 million (US$54.6 million), compared to RMB405.5 million in the corresponding period of 2023, while net income attributable to ordinary shareholders in the first quarter of 2024 was RMB379.8 million (US$52.6 million), compared to RMB392.8 million in the corresponding period of 2023. Adjusted net income attributable to Autohome (Non-GAAP) in the first quarter of 2024 was RMB493.9 million (US$68.4 million), compared to RMB483.5 million in the corresponding period of 2023. (WL)

Data Source:INF