NetEase's Third Quarter Net Profit Likely Fell 5% -- Earnings Preview

By MarketWatch | Nov 12, 2024 at 06:40 AM EST

NetEase is expected to report a 5.0% drop in net profit in the third quarter. Revenue likely fell 2.6%, mainly due to a decline in its online games segment. Despite challenges, the company plans to launch new titles to strengthen its game portfolio.

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