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Sea Limited, a leading global consumer internet company, reported its financial results for the fourth quarter and full year ended December 31, 2023. The company, which operates three core businesses in digital entertainment, e-commerce, and digital financial services, announced its first full year of annual profit since its IPO. Chairman and CEO Forrest Li expressed satisfaction with the profitability achieved in 2023, the strengthened market leadership in e-commerce, growth in digital financial services, and stabilization of the digital entertainment business. Sea's cash position increased to $8.5 billion by the end of 2023. For the fourth quarter, Sea reported a total GAAP revenue of $3.6 billion, a 4.8% increase year-on-year, with a net loss of $111.6 million compared to a net income of $422.8 million...Show More
Sea Limited, a leading global consumer internet company, reported its financial results for the fourth quarter and full year ended December 31, 2023. The company, which operates three core businesses in digital entertainment, e-commerce, and digital financial services, announced its first full year of annual profit since its IPO. Chairman and CEO Forrest Li expressed satisfaction with the profitability achieved in 2023, the strengthened market leadership in e-commerce, growth in digital financial services, and stabilization of the digital entertainment business. Sea's cash position increased to $8.5 billion by the end of 2023. For the fourth quarter, Sea reported a total GAAP revenue of $3.6 billion, a 4.8% increase year-on-year, with a net loss of $111.6 million compared to a net income of $422.8 million in the same period of 2022. The e-commerce segment saw a 23.2% increase in GAAP revenue year-on-year, while the digital financial services segment's GAAP revenue grew by 24.3%. The digital entertainment segment experienced a decrease in GAAP revenue compared to the previous year. For the full year, Sea's total GAAP revenue was $13.1 billion, a 4.9% increase year-on-year, with a total net income of $162.7 million, a significant improvement from the net loss of $1.7 billion in 2022. The company expects another profitable year in 2024.
全球領先的消費互聯網公司Sea Limited報告了截至2023年12月31日的第四季度和全年財務業績。該公司在數字娛樂、電子商務和數字金融服務領域經營三項核心業務，宣佈了自首次公開募股以來的首個全年盈利。董事長兼首席執行官李福雷斯特對2023年實現的盈利能力、電子商務市場領導地位的加強、數字金融服務的增長以及數字娛樂業務的穩定表示滿意。到2023年底，Sea的現金狀況增加到85億美元。第四季度，Sea公佈的GAAP總收入爲36億美元，同比增長4.8％，淨虧損爲1.116億美元，而2022年同期的淨收入爲4.228億美元。電子商務板塊的GAAP收入同比增長23.2％，而數字金融服務板塊的GAAP收入增長了24.3％。與去年相比，數字娛樂板塊的GAAP收入有所下降。全年，Sea的GAAP總收入爲131億美元，同比增長4.9％，總淨收入爲1.627億美元，較2022年的17億美元淨虧損有了顯著改善。該公司預計，2024年將迎來又一個盈利的年度。
全球領先的消費互聯網公司Sea Limited報告了截至2023年12月31日的第四季度和全年財務業績。該公司在數字娛樂、電子商務和數字金融服務領域經營三項核心業務，宣佈了自首次公開募股以來的首個全年盈利。董事長兼首席執行官李福雷斯特對2023年實現的盈利能力、電子商務市場領導地位的加強、數字金融服務的增長以及數字娛樂業務的穩定表示滿意。到2023年底，Sea的現金狀況增加到85億美元。第四季度，Sea公佈的GAAP總收入爲36億美元，同比增長4.8％，淨虧損爲1.116億美元，而2022年同期的淨收入爲4.228億美元。電子商務板塊的GAAP收入同比增長23.2％，而數字金融服務板塊的GAAP收入增長了24.3％。與去年相比，數字娛樂板塊的GAAP收入有所下降。全年，Sea的GAAP總收入爲131億美元，同比增長4.9％，總淨收入爲1.627億美元，較2022年的17億美元淨虧損有了顯著改善。該公司預計，2024年將迎來又一個盈利的年度。
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