NetEase Cloud Music H1 Adjusted Net Profit Down 55.83% to RMB 860 Million; Revenue Up 3.44%
NetEase Cloud Music announced its interim results for the first half of 2026, reporting a 57.08% year-on-year drop in profit attributable to shareholders to RMB 809 million. Adjusted net profit fell 55.83% to RMB 860 million, with earnings per share of RMB 3.87. No interim dividend was declared. Total revenue increased 3.44% to RMB 3.959 billion, backed by a 3.4% gain in online music service revenue to RMB 3.067 billion and a 3.7% rise in social entertainment and other revenue to RMB 891 million.
NetEase Cloud Music announced its interim results for the six months ended 30 June 2026. During the period, profit attributable to shareholders was RMB 809 million, down 57.08% year on year. Adjusted net profit was RMB 860 million, representing a decline of 55.83%. Earnings per share stood at RMB 3.87, and no interim dividend was declared. Total revenue for the period reached RMB 3.959 billion, an increase of 3.44% year on year. Revenue from online music services was RMB 3.067 billion, up 3.4%, while social entertainment services and other revenue rose 3.7% to RMB 891 million.