As we maintain high and diverse revenue growth, our gross profit margin for the quarter was 45%, remaining at a high level relatively to the wider industry. Following our remarks in the last quarter of conference call in late March, we have continued to review our costs and making improvements in our operating efficiency. As a result, we have controlled the non-GAAP operating expenses for daily business and reduced it by around 2% since Q4 last year.

May 25, 2022 / CFO / receipt, needs a key / Julia (Executive), CFO | earnings call 2022-05-25 | transcript fce09d83-d0ed-4872-b91d-135f04e50d93 | chars 21850-22304 | segment 22