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<Blue Chip Results>NTES-S 1Q Non-GAAP NP Up 47.8% YoY to RMB7.566B, Beating Forecast
Recommend 23 Positive 16 Negative 21 |
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NTES-S (09999.HK)(NTES.US) released the financial results of the first quarter ended 31 March 2023. The net income elevated 53.7% YoY to RMB6.754 billion, beating the forecasts and ahead of five brokers' estimates as compiled by our reporters (RMB4.598-5.247 billion). The basic net income per share was RMB2.1. The non-GAAP net income of the group amounted to RMB7.566 billion, representing a YoY upsurge of 47.8% while likewise being ahead of the upper end of seven brokers' estimates as compiled by our reporters (RMB5.409-6.259 billion). The non-GAAP basic net income per share was RMB2.35. The company declared a dividend of US9.3 cents per share (US46.5 cents per ADS) for the first quarter of 2023. The payment date is expected to be June 21, 2023 for holders of ordinary shares, and on or around June 23, 2023 for holders of ADSs. AAStocks Financial News |
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