IHuman Q3 Profit Falls

(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.