HUYA Inc., a leading game live streaming platform in China, has reported its unaudited financial results for the first quarter ended March 31, 2025. The company's total net revenues for the quarter were RMB1,508.6 million (US$207.9 million), showing a slight increase from RMB1,504.0 million in the same period of 2024. Game-related services, advertising, and other revenues saw a significant year-over-year increase of 52.1%, reaching RMB370.4 million (US$51.0 million) compared to RMB243.6 million in the first quarter of 2024. Net income attributable to HUYA Inc. was RMB0.9 million (US$0.1 million) for the first quarter of 2025, a substantial decrease from RMB71.0 million in the same period of the previous year. However, the non-GAAP net income attributable to the company was RMB24.0 million (US$3.3 million), down from RMB92.5 million in the first quarter of 2024. The company reported basic and diluted net income per American depositary share $(ADS.AU)$ at RMB0.00 (US$0.00) for the first quarter of 2025, whereas in the first quarter of 2024, this figure was RMB0.30. The non-GAAP basic and diluted net income per ADS were each RMB0.10 (US$0.01) for the first quarter of 2025, compared to RMB0.40 and RMB0.39, respectively, in the same period last year. As of March 31, 2025, HUYA Inc. held cash and cash equivalents, short-term deposits, and long-term deposits totaling RMB6,254.6 million (US$861.9 million), compared to RMB6,734.0 million as of December 31, 2024. The company noted its commitment to building out its game content and service platform, aiming to explore new commercial opportunities for a more diversified and sustainable business model.