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State: 17.08.2024 | 11PM
Thu, 22.08.2024       NetEase
US64110W1027

HANGZHOU, China, Aug. 22, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the first half of 2024 ended June 30, 2024.

Summary of Key Financial Metrics (RMB in thousands, unless otherwise stated)

Six months ended 30 June

2024

2023

(Unaudited)

(Unaudited)

Revenue

4,070,493

3,908,380

Gross profit

1,425,731

965,147

Profit before income tax

813,578

311,961

Profit for the period

809,949

293,750

Non-IFRS measure:

Adjusted net profit (1)

880,749

331,893

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