LINE

Text:AAAPrint
Business

NetEase's Q2 gross profit rises 27.6 pc

1
2017-08-10 15:56:43Xinhua Gu Liping ECNS App Download

Gross profit of NetEase, Inc., a Nasdaq-listed Chinese Internet and online game company, reached 6.7 billion yuan (994 million U.S. dollars) in Q2, the company announced Thursday.

It is an increase of 27.6 percent compared with the second quarter of 2016.

The company's net revenue also rose 49.4 percent year on year to 13.4 billion yuan in the second quarter.

Net revenue from online games, its core business, increased 46.5 percent year on year to 9.4 billion yuan Q2. Mobile games contributed 72.4 percent of the total, higher than 61.3 percent in the same period last year.

Net revenue from advertising rose 12.1 percent to 596 million yuan, while net revenue from email, e-commerce and other services amounted to 3.4 billion yuan, up 68.9 percent year on year.

Net income attributable to the company's shareholders for the second quarter was 3 billion yuan, while non-GAAP net income attributable to the company's shareholders was 3.5 billion yuan.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.