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Netease Inc. (NTES) revealed a profit for its third quarter that increased from the same period last year.


RTTNews | Nov 16, 2021 03:39AM EST

03:39 Tuesday, November 16, 2021 (RTTNews.com) - Netease Inc. (NTES) revealed a profit for its third quarter that increased from the same period last year.

The company's earnings totaled RMB3.18 billion, or RMB4.73 per share. This compares with RMB3.00 billion, or RMB4.37 per share, in last year's third quarter.

Excluding items, Netease Inc. reported adjusted earnings of RMB3.86 billion or RMB5.74 per share for the period.

The company's revenue for the quarter rose 18.9% to RMB22.19 billion from RMB18.66 billion last year.

Netease Inc. earnings at a glance:

-Earnings (Q3): RMB3.86 Bln. vs. RMB3.67 Bln. last year.-EPS (Q3): RMB5.74 vs. RMB5.35 last year.-Revenue (Q3): RMB22.19 Bln vs. RMB18.66 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3242624/netease-inc-reveals-increase-in-q3-earnings.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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