23 January 2019

NetEase 2013 4Q net profit up 22.7%, statement says

The net profit of internet firm NetEase, Inc. climbed to 1.2 billion yuan (US$204.30 million) in the fourth quarter, up 22.7 percent from a year earlier, according to a company statement. Total revenues for the quarter rose 11.11 percent year on year to 2.59 billion yuan, it said, adding that its advertising services contributed 358.20 million yuan in income, up 38.03 percent. In the last fiscal year, NetEase reported a 22.17 percent year-on-year increase in net profit to 4.4 billion yuan while the total revenue amounted to 9.8 billion yuan.

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