On March 19, Beijing time, China Concept Stock Huanju Group (NASDAQ: YY) released its financial reports for the fourth quarter and full year of 2023. Huanju Group's revenue in the fourth quarter of 2023 was 570 million US dollars, with a total revenue of 2.27 billion US dollars for the entire year. Under non US GAAP accounting standards, Huanju's net profit for the year was $293 million, an increase of 46.8% compared to $199 million in 2022, marking the third consecutive year of profitability; The company's net profit margin reached 12.9%, a year-on-year increase of 4.6 percentage points, and its net profit level has been improving for the third consecutive year.