Newborn Town releases its 2022 interim results, indicating a breakthrough in core social networking business and accelerated diversified growth

Written by PR Newswire

HONG KONG, Aug. 26, 2022 /PRNewswire/ -- On August 25, Newborn Town Inc. (9911.HK) released its 2022 interim results. For the six months ended June 30 2022, the Company's total revenue reached RMB 1,374 million, up 32.3% YoY; adjusted EBITDA reached RMB 210 million, up 19.5% YoY; profit attributable to the owner of the Company reached RMB 83...

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