Cloud village inc. announces results for 2022 first quarter

Hangzhou, china, may 24, 2022 /prnewswire/ -- cloud village inc. (hkex: 9899, "netease cloud music" or the "company"), a leading interactive music streaming service provider in china, today announced its unaudited consolidated results for the three months ended march 31, 2022. summary of key financial and operating metrics (rmb in thousands, unless otherwise stated) three months ended march 31, 2022 2021 financial metrics revenue 2,067,206 1,491,167 gross profit/(loss) 251,557 (53,951) loss for the period (180,027) (1,665,236) non-ifrs measure: adjusted net loss1 (151,719) (283,896) operating metrics online music services -maus (million) 181.7 183.1 -monthly paying users (million) 36.7 24.3 -monthly arppu (rmb) 6.4 7.1 social entertainment services -monthly paying users (thousand) 1,181.7 438.1 -monthly arppu (rmb) 329.8 553.3 first quarter 2022 key financial and operating highlights revenue was rmb2.1 billion, an increase of 38.6% compared with 1.5 billion for the same period of 2021.
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