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NetEase's Profit, Revenue Rise in Q1

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NetEase (HKG:9999) posted net income attributable to shareholders of 10.7 billion yuan for the first quarter, up from 10.3 billion yuan a year earlier, according to a Thursday Hong Kong bourse filing.

Earnings per share came in at 3.31 yuan from 3.21 yuan a year earlier.

Revenue increased to 30.6 billion yuan from 28.8 billion yuan in the prior-year period.

The board approved a quarterly dividend of $0.144 per share, or $0.720 per ADS, payable on June 15 to ordinary shareholders on record as of June 5, and on or around June 18 to ADS holders.

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