Monster Charging today released its financial results for the fourth quarter of 2023, ending December 31. In the fourth quarter, revenue was 486.6 million yuan, down 18.3% year-on-year. Net profit was 2.4 million yuan, compared with a net loss of 334.5 million yuan for the same period in 2022; not in accordance with US GAAP, adjusted net profit was 5.7 million yuan, compared with an adjusted net loss of 327.2 million yuan for the same period in 2022. For the full year of 2023, revenue was 3 billion yuan, up 4.2% year over year. Net profit was 87.7 million yuan, compared to net loss of 7112 million yuan in 2022; not in accordance with US GAAP, adjusted net profit was 108.1 million yuan, while net loss after 2022 was 683 million yuan.
怪兽充电第四季度营收4.87亿元 经调净利润570万元
Monster Charging's fourth quarter revenue was 487 million yuan, adjusted net profit of 5.7 million yuan
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