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Huradelia
2023-02-23

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Netease Reports Revenue of RBM25.4 Billion InQ4, up 4% YoY

@Tiger_Newspress：

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999) today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 2022. Fourth Quarter 2022 Financial Highlights Net revenues were RMB25.4 billion (US$3.7 billion), an increase of 4.0% compared with the fourth quarter of 2021. - Games and related value-added services net revenues were RMB19.1 billion (US$2.8 billion), an increase of 1.6% compared with the fourth quarter of 2021. -Youdaonet revenues were RMB1.5 billion (US$210.8 million), an increase of 9.0% compared with the fourth quarter of 2021. -Cloud Musicnet revenues were RMB2.4 billion (US$344.5 million), an increase of 25.8% compared with the fourth quarter of 2021. - Innovative businesses and others net revenues were RMB2.4 billion (US$353.5 million), an increase of 3.4% compared with the fourth quarter of 2021. Gross profit was RMB13.2 billion (US$1.9 billion), an increase of 2.5% compared with the fourth quarter of 2021. Total operating expenses were RMB8.8 billion (US$1.3 billion), an increase of 6.0% compared with the fourth quarter of 2021. Net income attributable to the Company's shareholders was RMB4.0 billion (US$573.1 million). Non-GAAP net income from continuing operations attributable to the Company's shareholders was RMB4.8 billion (US$697.6 million).[1] Basic net income per share was US$0.18 (US$0.88per ADS). Non-GAAP basic net income from continuing operations per share wasUS$0.22(US$1.08per ADS). $(NTES)$ $(09999)$

Netease Reports Revenue of RBM25.4 Billion InQ4, up 4% YoY

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(NASDAQ: NTES and HKEX: 9999)&nbsp;today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 2022.</p><p><b>Fourth&nbsp;Quarter 2022 Financial Highlights</b></p><ul><li>Net revenues were&nbsp;RMB25.4 billion&nbsp;(US$3.7 billion), an increase of 4.0% compared with the fourth quarter of 2021.</li></ul><p>- Games and related value-added services net revenues were&nbsp;RMB19.1 billion&nbsp;(US$2.8 billion), an increase of 1.6% compared with the fourth quarter of 2021.</p><p>-Youdaonet revenues were&nbsp;RMB1.5 billion&nbsp;(US$210.8 million), an increase of 9.0% compared with the fourth quarter of 2021.</p><p>-Cloud Musicnet revenues were&nbsp;RMB2.4 billion&nbsp;(US$344.5 million), an increase of 25.8% compared with the fourth quarter of 2021.</p><p>- Innovative businesses and others net revenues were&nbsp;RMB2.4 billion&nbsp;(US$353.5 million), an increase of 3.4% compared with the fourth quarter of 2021.</p><ul><li>Gross profit was&nbsp;RMB13.2 billion&nbsp;(US$1.9 billion), an increase of 2.5% compared with the fourth quarter of 2021.</li><li>Total operating expenses were&nbsp;RMB8.8 billion&nbsp;(US$1.3 billion), an increase of 6.0% compared with the fourth quarter of 2021.</li><li>Net income attributable to the Company's shareholders was&nbsp;RMB4.0 billion&nbsp;(US$573.1 million). 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