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<Results>BILIBILI-W 2Q Results Swing to Non-GAAP Profit of RMB562M YoY
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BILIBILI-W (09626.HK) announced its second-quarter results ending in June, with total net revenue rising 19.8% YoY to RMB7.338 billion. Gross profit increased nearly 46% to RMB2.676 billion. The gross profit margin for the quarter reached 36.5%, expanding by 6.6 ppts YoY.

The company turned profitable YoY, recording a net profit of RMB219 million, compared to a loss of RMB609 million in the same period last year. Quarterly EPS was RMB0.52. The non-GAAP adjusted net profit was RMB562 million, compared to an adjusted loss of RMB272 million in the same period last year. Adjusted quarterly EPS was RMB1.34.

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