Phoenix Media Investment (Holdings) Limited (02008.HK): Phoenix New Media's total revenue for the third quarter was RMB 217.6 million, up 8.3% year on year.

Zhitong Finance APP News, Phoenix Media (02008.HK) announced the third quarter 2026 results of Phoenix New Media. Total revenue was RMB 217.6 million, an increase of 8.3% from RMB 200.9 million in the same period of 2025, primarily due to year-over-year growth in paid services revenue. Gross profit increased by 31.0% year over year to RMB 125.4 million. Net loss attributable to Phoenix New Media was RMB 24.3 million, compared with net loss attributable to Phoenix New Media of RMB 4.9 million in the same period of 2025. Gross margin in the third quarter of 2026 increased to 57.6% from 47.6% in the same period of 2025. The increase in gross margin was primarily due to the higher gross margin of the digital reading business generated through mini-programs and the significant growth in such revenue.