According to the Zhitong Finance and Economics APP, Tongdao Liepin (06100) announced its performance for the third quarter of 2024, with revenue of approximately 0.503 billion yuan, and the net profit attributable to equity shareholders of the company was 45.955 million yuan, a year-on-year increase of 43.64%; non-IFRS operating profit was 85 million yuan, an increase of 28.3% year-on-year.

From January to September, revenue reached approximately 1.517 billion yuan, the net profit attributable to equity shareholders of the company was 91.288 million yuan, a year-on-year increase of 126.56%; non-IFRS operating profit was approximately 0.179 billion yuan, an increase of 58.1% year-on-year.

As of September 30, 2024, the number of verified enterprise users on Liepin is approximately 1.401 million, a year-on-year increase of 10.9%. However, due to the pressure on recruitment demand and the active promotion of lightweight online packages, ARPU on the enterprise side of the group has declined. Facing industry cyclical pressures, we have been continuously improving organizational efficiency and implementing cost reduction and efficiency enhancement strategies this year. In the third quarter of this year, the company implemented more refined segmentation of the sales team, strengthened result orientation, enhanced the team's ability to explore sales leads for target customers, and improved professional service capabilities; on the other hand, by reducing management levels in the vertical dimension, the flattened structure of the team will further improve the timeliness and effectiveness of sales strategy adjustments and drive the release of sales team efficiency.

As of September 30, 2024, the number of registered individual users has reached 0.1034 billion, a year-on-year increase of 12.2%. Meanwhile, user engagement continues to grow, with an 11.5% year-on-year increase in the average monthly active users in the third quarter. During the third quarter, based on the current situation of supply shortage in the recruitment market, the company continued to strengthen the fine-tuning of customer acquisition channels on the basis of controlling advertising budgets, optimizing budget allocation rules, and improving platform customer acquisition efficiency. At the same time, leveraging product feature innovations and upgraded recall strategies, the company continues to focus on revitalizing high-quality existing talent pools, laying a foundation for the platform's sustainable development and user satisfaction improvement.