Kanzhun Ltd. has announced its unaudited consolidated financial results for the first quarter of 2025. The company reported an increase in income from operations, which rose from RMB 103.6 million in the first quarter of 2024 to RMB 439.8 million in the corresponding period of 2025, equivalent to approximately USD 60.6 million. Net income also showed significant growth, increasing from RMB 241.7 million in the first quarter of 2024 to RMB 512.1 million in 2025, or USD 70.6 million. The adjusted net income, which accounts for share-based compensation expenses, rose from RMB 530.7 million to RMB 763.9 million, approximately USD 105.3 million. For the three months ended March 31, 2025, the net income attributable to ordinary shareholders of Kanzhun Ltd. was RMB 518.1 million, up from RMB 244.9 million in the previous year. After adjustments for share-based compensation, this figure was RMB 769.9 million, or USD 106.1 million. These results have been prepared in accordance with U.S. Generally Accepted Accounting Principles. Kanzhun Ltd. continues to focus on enhancing its operational performance, as reflected in the increased financial metrics reported for the first quarter of 2025.
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