Earnings ·
Reports Q2 revenue of US$45.0M and closes HK$102.7M acquisition of Leader Education stake
SJScienjoy Holding Corp
Scienjoy Holding Corporation reported total revenue of RMB305.4 million (US$45.0 million) for the second quarter ended June 30, 2026, a decrease from RMB349.0 million in the prior year period. Net income attributable to shareholders fell to RMB11.1 million (US$1.6 million) from RMB22.6 million. For the first half of 2026, revenue decreased to RMB588.1 million (US$86.7 million), while net income attributable to shareholders increased by 48.0% to RMB20.0 million (US$2.9 million). The company also closed its acquisition of a 29.9% stake in Leader Education Limited for HK$102.69 million on October 15, 2026. Scienjoy is an AI technology and digital entertainment company operating live streaming platforms.