Scienjoy Holding Corporation (SJ), a provider of mobile live streaming platforms in China, Tuesday reported net income of RMB38.69 million or $5.44 million for the full year, compared with net loss of RMB 30.79 million in the previous year, primarily due to lower cost.
The company posted EPS of RMB 0.95 or $0.13 compared with loss per share of RMB 0.76 a year ago.
Excluding one-time items, adjusted income was RMB50.3 million or $6.9 million compared with adjusted loss of RMB11.7 million last year.
Adjusted EPS was RMB 1.21 or $0.17, versus Adjusted loss per share of RMB 0.29.
Income from operations rose to RMB 40.72 million or $5.58 million from RMB 22.81 million in the prior year.
Revenue for the year declined to RMB 1.363 billion or $186.78 million from RMB 1.465 billion last year.
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