Monster Charging released its Q1 2024 financial report as of March 31st, with revenue of 397.2 million yuan, a year-on-year decrease of 51.7%. Net loss was 300,000 yuan, while the net profit of the same period last year was 10.8 million yuan. Adjusted net income, not in accordance with Generally Accepted Accounting Principles in the United States, was 3.8 million yuan, compared to adjusted net income of 17.1 million yuan for the same period last year.
怪兽充电第一季度营收3.97亿元 同比下滑51.7%
Monster Charging's first quarter revenue was 397 million yuan, a 51.7% year-on-year decrease.
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