HANGZHOU, China (AP) — HANGZHOU, China (AP) — NetEase Inc. (NTES) on Wednesday reported profit of $892.6 million in its fourth quarter.
The Hangzhou, China-based company said it had profit of $1.38 per share. Earnings, adjusted for stock option expense, came to $1.57 per share.
The internet technology company posted revenue of $3.94 billion in the period.
For the year, the company reported profit of $4.83 billion, or $7.50 per share. Revenue was reported as $16.11 billion.
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