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<Results>BILIBILI-W 1Q Adj. Net Loss Trims to ~RMB440M; ADR Drops ~2% Pre-mkt
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BILIBILI-W (09626.HK)(BILI.US) announced the first quarter results ended March 2024. The turnover rose 11.7% year on year to RMB5.665 billion. The loss widened to RMB749 million from RMB628 million in the corresponding period of the previous year. LPS was RMB1.8.

The non-GAAP adjusted net loss for the first quarter narrowed to nearly RMB440 million, compared to an adjusted net loss of RMB1.029 billion for the same period last fiscal year. The adjusted loss per share was RMB1.06.

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BILIBILI's ADR was down 1.8% at US$15.4 in pre-market trading.
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