DouYu Q3 Revenue Down 15.6%, Net Income Rises 232.8%

DouYu International Holdings Limited reported Q3 net income of RMB 11.3 million, a 232.8% increase from the same period last year. Net income per ADS was RMB 0.38 compared to RMB 0.11, and adjusted net income was RMB 23.1 million. Total net revenues were RMB 899.1 million, down from RMB 1.06 billion last year. Average mobile MAUs were 30.5 million, a 27.5% YoY decrease.