NetEase Cloud Music (HKG:9899) recorded a rise in attributable profit for the year ended Dec. 31, 2024, to 1.56 billion yuan from 734.2 million yuan in the year-ago period, a Thursday filing posted on the Hong Kong bourse said.
Earnings per share were 7.4 yuan in the year, up from 3.47 yuan in the last fiscal year.
The online music platform's revenue rose by 1.1% to 7.95 billion yuan in the period from 7.87 billion yuan a year prior.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.