logo
Share SHARE
FONT-SIZE Plus   Neg

NetEase.com Profit Rises - Quick Facts

NetEase.com Inc. (NTES), a China-based Internet and online game services providers, Wednesday reported fourth-quarter net profit to common shares of RMB 898.6 million ($142.8 million), compared to RMB 712.5 million last year.

NetEase reported fourth-quarter earnings per American depositary share of $1.09, compared to $0.87 last year.

Analysts polled by Thomson Reuters expected earnings of $1.02 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter were RMB 2.1 billion ($341.4 million), compared to RMB 1.7 billion last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A business woman in California has won $10,000 in settlement with Microsoft, after she filed a lawsuit for automatically updating her business computer to Windows 10, making it slow and hard to use, The Seattle Times reported. Teri Goldstein of Sausalito, a travel agent, had filed a suit, stating that the computer at her travel agency business tried to download the upgrade without her consent... Hard Rock Hotel & Casino Las Vegas, owned by Hard Rock Hotel Holdings, LLC, joins the long list of hotels whose payment-card data were hacked of late. Hard Rock on Monday said its investigation identified unauthorized access to the resort's customer payment-card data, after malware was placed on the payment-card system. The U.S. chain of theme restaurants, plans to open a high-end hotel in London. Gambling resorts operator Wynn Resorts Ltd. (WYNN), has again postponed the opening of its Wynn Palace casino resort in Macau to August. The opening of the $4 billion hotel project in Macau, the gambling hub in China, was initially planned on March 25, but was later dropped due to construction delays....
comments powered by Disqus
Follow RTT