India, May 20 -- Bilibili Inc. (BILI), a video community for young generations in China, reported Tuesday narrower loss in its first quarter with higher net revenues.
In the pre-market activity on the Nasdaq, Bilibili shares were gaining around 5.1 percent to trade at $18.90.
In the first quarter, net loss attributable to shareholders was RMB9.10 million, compared to loss of RMB748.55 million a year ago.
Net loss per ADS was RMB0.02, compared to loss of RMB1.80 a year ago.
Adjusted attributable net profit was RMB363.09 million, compared with adjusted net loss of RMB439.80 million in the same period of 2024. Adjusted net profit per ADS was RMB0.85, compared to loss of RMB1.06 a year earlier.
Gross profit was RMB2.54 billion or $349.9 mi...