Chinese company Huya have released their latest financial results and to nobody’s surprise they have reported increase numbers across the board.
During Q1 2020, net revenues reached ¥2.4B RMB ($338 Million USD) with live streaming accounting for 94% of total revenues. The average monthly active users also increased 22.2% to 151 million during the first three months.
After paying the bills, Huya had a net profit of ¥171.2M ($24 Million USD) which is a 169.8% increase compared to Q1 2019.