Kuke Music Holding Limited (KUKE) Reports Q2 Loss of $0.44

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Kuke Reports Second Quarter 2021 Unaudited Financial Results

August 4, 2021 6:30 AM EDT

BEIJING, Aug. 4, 2021 /PRNewswire/ -- Kuke Music Holding Limited ("Kuke" or the "Company") (NYSE: KUKE), a leading provider of classical music content, licensing, subscription, and smart music learning solutions in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Second Quarter 2021 Financial Highlights

Total revenue increased by 732.0% to RMB84.1 million (US$13.0 million) from RMB10.1 million in the same period of 2020. Smart music learning solutions revenue increased by 34.2 times to RMB20.7 million (US$3.2 million) from RMB0.6 million in the same period of 2020.... More