Kanzhun Ltd Expects Q1 Revenue RMB1.64B-RMB1.67B Vs $222.44M Est
Portfolio Pulse from Benzinga Newsdesk
Kanzhun Ltd forecasts Q1 2024 revenue to be between RMB1.64 billion and RMB1.67 billion, indicating a year-on-year growth of 28.3% to 30.7%. This outlook is based on current market and operational conditions in China, which are subject to change.
March 12, 2024 | 10:35 am
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Kanzhun Ltd expects a significant year-on-year revenue growth for Q1 2024, forecasting revenues between RMB1.64 billion and RMB1.67 billion.
The positive revenue forecast for Kanzhun Ltd indicates strong operational performance and market position in China. This significant year-on-year growth projection is likely to positively influence investor sentiment and potentially lead to an increase in the stock price in the short term.
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