Kunlun Tech's net profit attributable to the parent in 2021 is 1.547 billion yuan, and overseas market revenue contributes 70%
On the evening of April 27, 2022, Kunlun Technology Co., Ltd. (hereinafter referred to as Kunlun Tech, stock code 300418.SZ), China's leading overseas Internet platform enterprise, disclosed the company's 2021 annual report. According to the data, Kunlun Tech will achieve an operating income of 4.85 billion yuan in 2021 and a net profit of 1.547 billion yuan attributable to shareholders of the listed company.
In the past few years, Kunlun Tech has accumulated a large number of successful Internet business models in China, and has accumulated mature data analysis, product development and operation and user insight capabilities. As one of the first batch of Internet companies in China to go overseas, it quickly entered the overseas market and brought global users with it.
As of the end of 2021, the company's business covers more than 100 countries and regions, with nearly 450 million global monthly active users, and overseas market revenue contribution will reach 70%, and it is expected to further increase to about 80% in 2022.
Thanks to the forward-looking strategic layout of overseas business, the company's overseas business has gradually entered the harvest stage. Compared with the existing business of the same caliber, during the reporting period, the company's overseas business revenue increased by 45% year-on-year, and the proportion further increased.