Cloud music inc. reports first half 2022 financial results

Hangzhou, china , aug. 18, 2022 /prnewswire/ -- cloud music inc. (hkex: 9899 or the "company"), a leading interactive music streaming service provider in china, today announced its financial results for the first half of 2022 ended 30 june 2022. summary of key financial and operating metrics (rmb in thousands, unless otherwise stated)  six months ended 30 june 2022 2021 (unaudited) (audited) financial metrics revenue 4,258,716 3,183,674 gross profit/(loss) 537,113 (12,856) loss before income tax (266,790) (3,806,968) loss for the period (270,810) (3,809,147) non-ifrs measure: adjusted net loss[1] (217,000) (532,976) operating metrics online music services -maus (million) 181.9 184.5 -monthly paying users (thousand) 37,613.0 26,134.5 -monthly arppu (rmb) 6.5 6.8 social entertainment services -monthly paying users (thousand) 1,235.4 496.4 -monthly arppu (rmb) 329.8 526.5 first half 2022 key financial and operating highlights revenue was rmb4.3 billion, an increase of 33.8% compared with rmb3.2 billion for the same period of 2021.
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