网易云音乐(09899.HK)：第三季度净收入为人民币20亿元

Core Viewpoint - NetEase Cloud Music reported a net revenue of RMB 2 billion (USD 275.9 million) for Q3 2025, reflecting a year-on-year decrease of 1.8% [1] Financial Performance - The net revenue for Q3 2025 remained unchanged compared to both the previous quarter and the same period last year, which were also RMB 2 billion [1]