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Netease

Earnings
Earnings: NetEase’s Q2 Profits Grow; Bump on Olympics

Aug 14, 2008 8:43 AM

NetEase.com, one of the big Chinese online portals, reported its Q2 earnings today, and the growth came ahead of analyst views. NetEase earned 438.2 million RMB ($63.9 million) compared with 312.6 million RMB ($45.6 million) in the year-ago quarter. Revenues went up to 715.9 million RMB ($104.4 million) from 558…

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Posted In: Entertainment, Sports, Digital Olympics, Money, Earnings, Countries, Asia, China, netease

Sina, Tencent And Netease Get Online Broadcast Rights From CCTV

Jul 15, 2008 11:13 AM

Some good news for Chinese office workers without a TV during the Olympics… Three top web portals, Netease (NSDQ: NTES), Sina (NSDQ: SINA) and Tencent announced together that they have obtained rights to rebroadcast live footage from state network CCTV. These three companies started teaming up last year to go…

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Posted In: Entertainment, Sports, Digital Olympics, Countries, Asia, China, netease, sina, tencent

Earnings
Earnings: Netease Q1 Revs Up 17 Percent; Net Income Drops On Tax Change

May 22, 2008 7:10 AM

Maturing MMO gamer Netease (NSDQ: NTES) isn’t quite showing the lights-out growth of some of its Chinese internet peers. The company announced Q1 revenue of $93 million, a 17 percent year-over-year increase from $79.1 million. Net profit actually fell to $38.4 million from $43 million, although the company says it…

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Posted In: Entertainment, Games, Money, Earnings, Countries, Asia, China, netease

Earnings
Earnings: NetEase Q4 Revs Up 15 Percent; Income Up 21 Percent

Feb 20, 2008 6:12 PM

Rounding out our trifecta of Chinese internet names this evening, MMO developer Netease (NSDQ: NTES) announced Q4 revenue of $85.3 million, up 15.1 from $74.1 million in the year-ago period. Net income grew 21 percent to $53.4 million, from $43.9 million. The company’s core gaming revenue grew 12 percent to…

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Posted In: Entertainment, Games, Money, Earnings, Countries, Asia, China, netease

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