Edition:
United Kingdom

NetEase Qtrly Non-GAAP Diluted Earnings Per ADS $1.61


Thursday, 17 May 2018 

May 16 (Reuters) - NetEase Inc ::NETEASE REPORTS FIRST QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q1 REVENUE RMB 14.2 BILLION VERSUS I/B/E/S VIEW RMB 13.91 BILLION.QTRLY DILUTED EARNINGS PER ADS WERE US$0.91.QTRLY NON-GAAP DILUTED EARNINGS PER ADS WERE US$1.61.QTRLY ONLINE GAME SERVICES NET REVENUES WERE RMB8.8 BILLION (US$1.4 BILLION), A DECREASE OF 18.4% COMPARED WITH Q1 OF 2017.BOARD OF DIRECTORS HAS APPROVED A DIVIDEND OF $0.23 PER ADS FOR Q1 OF 2018, WHICH IS EXPECTED TO BE PAID ON JUNE 8, 2018.QTRLY GROSS PROFIT WAS RMB6.0 BILLION (US$949.1 MILLION), A DECREASE OF 20.4% COMPARED WITH Q1 OF 2017.