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Netease Inc ( (HK:9999) ) has provided an update.
NetEase, Inc. announced its unaudited financial results for the first quarter of 2025, reporting a net revenue increase of 7.4% year-over-year to RMB28.8 billion. The company’s games and related services saw a significant revenue boost of 12.1%, while other segments like Youdao and NetEase Cloud Music experienced declines. Despite these mixed results, NetEase achieved a gross profit increase of 8.6% and a reduction in operating expenses by 14.4%, leading to a net income of RMB10.3 billion.
The most recent analyst rating on (HK:9999) stock is a Buy with a HK$210.00 price target. To see the full list of analyst forecasts on Netease Inc stock, see the HK:9999 Stock Forecast page.
More about Netease Inc
NetEase, Inc. is a leading internet and game services provider based in Hangzhou, China. The company is known for its diverse range of products and services, including online games, education services through Youdao, and music streaming via NetEase Cloud Music.
Average Trading Volume: 7,112,709
Technical Sentiment Signal: Buy
Current Market Cap: HK$512.2B
See more data about 9999 stock on TipRanks’ Stock Analysis page.