36Kr Holdings (KRKR) Company Report

Net loss significantly narrowed by 95% year over year to RMB 4.8 million in the first half of 2025, down from RMB 95.9 million in the same period last year.
Despite a decrease in total revenue to RMB 93.2 million in the first half of 2025, gross profit increased by 11% to RMB 50.7 million, with the gross profit margin rising to 54.4%.
The company achieved substantial cost management, with operating expenses decreasing by 52.3% to RMB 55.9 million in the first half of 2025.
Key operational achievements include reaching over 36.57 million followers and a 52% year-over-year increase in revenue from Internet clients in the first half of 2025.
36Kr is actively integrating AI, launching products like "36Kr Corporate Omni Intelligence" which covers over 7,800 public companies, and predicts profitability by the end of 2025.

Sep 26, 2025, 12:00 PM

36Kr Holdings Inc. Reports Unaudited Financial Results for First Half of 2025

KRKR

Earnings

Demand Weakening

Layoffs

36Kr Holdings Inc. reported a net loss of RMB4.8 million (US$0.7 million) for the first half of 2025, representing a 95% decrease from the RMB95.9 million net loss in the same period of 2024.
Total revenues for the first half of 2025 were RMB93.2 million (US$13.0 million), compared to RMB102.4 million in the same period of 2024.
The company's gross margin increased by 10 percentage points to 54.4% in the first half of 2025, up from 44.4% in the same period of 2024, primarily driven by savings in payroll-related costs.
Operating expenses decreased significantly by 52.3% to RMB55.9 million (US$7.8 million) in the first half of 2025, from RMB117.0 million in the prior year period, due to strategic cost-management actions including targeted workforce reductions.
The number of followers across the company's platforms reached 36.6 million as of June 30, 2025, an increase of 9.9% from 33.3 million as of June 30, 2024.

Sep 26, 2025, 10:16 AM

36Kr Holdings Inc. Announces EGM Results: Capital Increase and Share Re-designation Approved

KRKR

Proxy Vote Outcomes

36Kr Holdings Inc. shareholders approved an increase in the company's total authorized share capital from US$500,000 to US$100,000,000 at an Extraordinary General Meeting held on September 8, 2025.
Following this increase, the authorized share capital was re-designated into 1,000,000,000,000 ordinary shares, comprising Class A, Class B, Class C, and undesignated shares.
The newly structured share classes have differentiated voting rights: Class A Ordinary Shares carry one (1) vote, Class B Ordinary Shares carry twenty-five (25) votes, and Class C Ordinary Shares carry one hundred (100) votes per share.
Shareholders also approved the adoption of the fourth amended and restated memorandum and articles of association, effective immediately.