Sina Technology News reported on the evening of August 10, Beijing time, that Huanju Times (YY) today released financial results for the second quarter of the 2017 fiscal year ending June 30. Net revenue was RMB 2,609 million (approximately US$384.8 million), an increase of 31.7% over RMB 1,9808 million in the same period last year. Net profit was RMB 573.7 million (about US$84.6 million), an increase of 67.1% compared to RMB 343.3 billion in the same period last year. Excluding US GAAP, net profit was 597.2 million yuan (about 88.1 million US dollars), an increase of 55.2% compared to 384.8 million yuan in the same period last year.

Huanju Times US stocks rose 2.23% yesterday to close at $77.970. Today's beautiful earnings report led the pre-market increase. As of press release, it rose another 1.19% to 78.900 US dollars.

According to data compiled by Yahoo Finance, the average of the eight analysts predicted that the total revenue for the second quarter of Huanjui Era was 368.6.4 million US dollars; financial reports showed that the company's total revenue for the second quarter was 2,609 million yuan (about 384.8 million US dollars), which was higher than analysts' expectations.

Meanwhile, the average of six analysts predicted that Huanju Era's second-quarter non-US General Accounting Standards (non-GAAP) profit per American Depositary Receipt (ADS) share was 1.25 US dollars; financial reports showed that the company's earnings per share for the second quarter were 10.39 yuan (about 1.53 US dollars), which was higher than analysts' expectations.