NetEase's Profit, Revenue Jump in Q1

MT Newswires Live
15 May

NetEase (HKG:9999) recorded a rise in attributable net income in the first quarter to 10.3 billion yuan from 7.63 billion yuan a year prior, a Thursday filing with the Hong Kong bourse said.

Earnings per share rose to 3.21 yuan in the three months from 2.35 yuan in the same period last year.

The online game developer's net revenue rose 7.4% to 28.8 billion yuan from 26.9 billion yuan in the year-ago period.

The board approved a dividend of $0.135 per share, or $0.6750 per ADS, for the first quarter, payable to shareholders of record on May 30.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10