On August 13th, the company released an announcement forecasting that for the six months ending on June 30, 2024 (unaudited), the group's comprehensive income is expected to be approximately RMB 20.9 billion to RMB 21.2 billion (approximately RMB 20.733 billion for the same period in 2023), representing net growth compared to the same period in 2023. The net growth is mainly due to the comprehensive increase in the income of the group's property management services, community value-added services, and “three supplies and one industry” business revenue, plus the significant decrease in non-owner value-added service income due to the group actively reducing the scale of related party businesses, and the comprehensive impact of the decrease in urban services and commercial operation services revenue. $Yalla (YALA.US)$ The second-quarter financial results have been released. The data shows that Q2 revenue increased by 2.5% year-on-year to $81.2 million, and the market expected $79 million. Non-GAAP diluted EPS was $0.19, flat year-on-year. Net income was $31.4 million, an increase of 10.9% year-on-year.

By business division, chat service revenue was $54.9 million, and game service revenue was $26.2 million. Non-GAAP net income was $35.2 million, an increase of 4.4% year-on-year.

The average monthly active users (MAU) were 39 million, an increase of 14.1% year-on-year. The number of paid users was 12 million, a decrease of 10.3% year-on-year. For the third quarter of 2024, yalla currently expects revenue to be between $75 million and $82 million.