Douyu international holdings limited reports unaudited consolidated earnings results for the third quarter and nine months ended sep. 30, 2019; provides revenue guidance for the fourth quarter of 2019
Douyu international holdings limited reported unaudited consolidated earnings results for the third quarter and nine months ended sep. 30, 2019. for the quarter, net revenues were rmb 1,858,476,000 against rmb 1,024,820,000 a year ago. loss from operations was rmb 197,372,000 against rmb 208,138,000 a year ago. net loss was rmb 165,400,000 against loss of rmb 220,482,000 a year ago. net loss per basic ordinary share was rmb 5.88 against loss of rmb 27.34 a year ago. for the nine months, net revenues were rmb 5,220,328,000 against rmb 2,494,211,000 a year ago. loss from operations was rmb 255,767,000 against rmb 572,892,000 a year ago. net loss was rmb 124,093,000 against loss of rmb 604,849,000 a year ago. net loss per basic ordinary share was rmb 8.29 against loss of rmb 75.19 a year ago. the company expects its total net revenues to be in the range of rmb 1,960 million to rmb 2,030 million in the fourth quarter of 2019, representing year-over-year growth between 68.9% and 75.0%.
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