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Kanzhun Ltd (NASDAQ:BZ) Eyes 19% annual growth in Q3 2024 Revenue to RMB 1.90-1.92Bn
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Highlights
Kanzhun Ltd (NASDAQ:BZ) is a China-based holding company that offers online recruitment services. It connects job seekers and businesses through its BOSS Zhipin app, enhancing user experience throughout the recruitment process.
In Q2 FY24, the company reported total revenues of RMB 1,916.74 million, a significant increase of 28.85% compared to RMB 1,487.62 million in Q2 FY23 (pcp). This growth was driven by higher revenue from online recruitment services targeted at enterprise customers and an increased number of users. Additionally, net profit rose to RMB 417.25 million, up 34.77% from RMB 309.60 million in pcp, despite rising income tax expenses and total operating costs.
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