FAST NEWS: Regional Eye Care Provider Chaoju’s Profit Doubles in First Half of 2021

The latest: Private clinic and hospital operator Chaoju Eye Care Holdings Ltd. (2219.HK) said its revenue rose 56.6% year-on-year to 500 million yuan ($77.3 million) in the first half of 2021, while its profit doubled to 78.7 million yuan, according to its maiden earnings report following its July IPO. Looking Up: Chaoju posted especially strong gains in its consumer ophthalmic services, which rose 86% to become its biggest revenue source in the first half of the year, accounting for 53.3% of total revenue. Basic ophthalmic services were previously its biggest…

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Employment Specialist Kanzhun Shows It’s Down, But Not Out, With First-Ever Profit

Company posts 174% revenue jump in second quarter, but warns an ongoing cybersecurity review is likely to continue through at least the end of September Key takeaways: Kanzhun has posted its first-ever quarterly profit, fueled by a 174% jump in revenue Company warns that a cybersecurity review and concurrent freeze on new user signups is affecting its business, and could last through at least the end of September By Doug Young The maiden quarterly earnings report from leading online jobs specialist Kanzhun Ltd. (BZ.US), best known in China for its…

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