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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . ⑥ 网易 云 音乐 NETEASE CLOUD MUSIC INC . 網易 雲 音樂 股份有限公司 ( incorporated in the Cayman Islands with limited liability ) ( Stock Code : 9899 ) INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2026 Our Board is pleased to announce the unaudited consolidated results of our Company and its subsidiaries ( collectively referred to as the “ Group ” ) for the Reporting Period , being the six months ended 30 June 2026. These interim results have been reviewed by our auditor , PricewaterhouseCoopers , in accordance with the International Standard on Review Engagement 2410 " Review of interim financial information performed by the independent auditor of the entity " issued by the International Auditing and Assurance Standards Board , and by our Board's audit committee . Six months ended 30 June 2026 ( Unaudited ) 2025 Change ( % ) ( Unaudited ) ( RMB in thousands , except percentages ) Revenue 3,958,706 3,827,117 + 3.4 % Gross profit 1,474,409 1,392,485 + 5.9 % Operating profit 746,232 844,506 -11.6 % Profit before income tax 930,894 1,068,060 -12.8 % Profit for the period 809,236 1,882,142 ( 1 ) -57.0 % Non - IFRS Measure ( 2 ) : Adjusted operating profit 796,652 905,360 -12.0 % Adjusted net profit 859,656 1,946,353 ( ¹ ) -55.8 % Note : ( 1 ) During the period ended 30 June 2025 , the Group recognised a deferred income tax credit of RMB849.4 million which primarily arose from the recognition of deferred tax assets in respect of cumulative tax losses incurred by a wholly - owned subsidiary . These tax losses are available to be carried forward against future taxable income . Deferred tax assets relating to tax losses and temporary differences are recognised to the extent that it is probable that future taxable profit will be available against which the temporary differences or tax losses can be utilised . ( 2 ) Adjusted operating profit and adjusted net profit are defined as operating profit and profit for the period attributable to the equity holders of the Company adjusted by adding back equity - settled share - based payments as appropriate . For details of the reconciliation of the operating profit and the profit for the period attributable to the equity holders of the Company to the adjusted operating profit and the adjusted net profit of our Group , see the section headed " Financial Review " below . 1