Yang Liang 2023-08-24 16:58:23
DoNews news on August 24, on the 24th, NetEase Cloud Music disclosed the 2023 H1 performance announcement. The financial report shows that NetEase Cloud Music’s net income in the first half of 2023 will be 3.91 billion yuan, and its adjusted net profit will be 332 million yuan. Both operating profit and adjusted net profit will be positive for the first time.
In the first half of 2023, NetEase Cloud Music will continue to strengthen its music-centric product experience and commercialization capabilities. Thanks to the significant growth of subscription members, as well as the optimization of operating efficiency and cost structure, the gross profit margin soared to 24.7% in the first half of 2023, compared with 12.6% in the same period of 2022.
In the first half of 2023, the number of monthly active users of NetEase Cloud Music’s online music service increased steadily to 206.7 million, a year-on-year increase of 13.7%. The number of monthly paying users of online music services reached 41.75 million, achieving both growth in user scale and payment scale.
2023-08-24 08:58:23
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