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Stock impact report

Cloud Music Inc. Reports Fiscal Year 2023 Financial Results [Yahoo! Finance]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Yahoo! Finance
streaming service provider in China , today announced its financial results for the fiscal year 2023 ended December 31, 2023 Summary of Key Financial and Operating Metrics (RMB in thousands, unless otherwise stated) Year ended 31 December (Unaudited) (Unaudited) Financial Metrics Revenue Gross profit Profit/(Loss) before income tax Profit/(Loss) for the year Non-IFRS measure: Adjusted net profit/(loss) Operating Metrics Online music services -MAUs (million) -Monthly paying users (thousand) -Monthly ARPPU (RMB) Social entertainment services -Monthly paying users (thousand) -Monthly ARPPU (RMB) Fiscal Year 2023 Key Financial and Operating Highlights Revenue was RMB7 .9 billion, a decrease of 12.5% compared with RMB9.0 billion in 2022. Online music services: Revenue from online music services was RMB4.4 billion , an increase of 17.6% compared with RMB3.7 billion in 2022. The increase was primarily due to the growth in revenue from sales of memb Show less Read more
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