Ntes

Discussion in 'Stocks' started by Enfinity, Nov 8, 2005.

  1. GOOG is going to pull a similar move when they report solid growth like NTES:

    NetEase.com Announces Results For Third Quarter 2005


    (Beijing – November 8, 2005) – NetEase.com, Inc. (NASDAQ: NTES), one of China’s leading Internet and online game services providers, today announced financial results for its third quarter ended September 30, 2005.

    Highlights:

    • Total revenues for the quarter increased 11.0% quarter-over-quarter and 82.6% year-over-year to RMB462.6 million (US$57.2 million);

    • Revenue from online game services increased 8.4% over the previous quarter and 119.4% year-over-year to RMB372.7 million (US$46.1 million);

    • Online advertising revenue grew 37.3% to RMB73.4 million (US$9.1 million) over the previous quarter and 43.8% year-over-year; and

    • Fantasy Westward Journey and Westward Journey Online II reported peak concurrent user numbers of approximately 827,000 and 515,000, respectively, for the third quarter of 2005.