|Company achieves operating profit of RMB25.3 million (US$3.1 million) before one-time charge of RMB36.0 million (US$4.35 million)
November 6, 2002
NetEase.com, Inc. (Nasdaq: NTES), a leading Internet technology provider in China, today announced financial results for its third quarter ended September 30, 2002.
The Company reported total revenues of RMB74.4 million (US$9.0 million) for the third quarter, a 93.3% increase over total revenues of RMB38.5 million (US$4.6... ||NetEase.com Announces Strong Third Quarter Results with Continued Revenue Growth of 93.3% Over Preceding Quarter Resulting in Record Gross Margins of 67.6%|
|October 30, 2002
NetEase.com, Inc. (Nasdaq: NTES), a leading Internet provider in China, announced today that it will report its financial results for its Third Quarter, 2002 on Tuesday, November 5, 2002.
An earnings announcement conference call will take place at 7:30 pm Eastern Time on November 5th (Beijing/Hong Kong Time: November 6, 2002 at 8:30am). Ted Sun, Acting CEO and Denny Lee, CFO, will be on the call to discuss quarterly results and highlights, and answer q... ||NetEase.com To Report Third Quarter 2002 Financial Results On November 5, 2002|
|Revenue growth of 61% from the preceding quarter results in significant improvement in gross margins, which increased from 31% to 57%
(Beijing August 5, 2002) NetEase.com, Inc. (Nasdaq: NTES), a leading Internet technology provider in China, today announced its financial results for its second quarter ended June 30, 2002.
The company reported total revenues of RMB38.5 million (US$4.6 million) for the quarter ended June 30, 2002, a 601.8% increase over total revenu... ||NetEase.com Announces Strong 2nd Quarter Results with an Increase in Gross Profit of 198% Over Previous Quarter and a Net Profit|
|Beijing-July 30, 2002
NetEase.com, Inc. (Nasdaq: NTES), a leading Internet technology provider supporting China's top-ranked Web sites including www.163.com, will announce its second quarter 2002 financial results on Monday, August 5, 2002, Hong Kong/Beijing time.
NetEase.com, Inc is a leading China-based Internet technology company that pioneered the development of applications, services and other technologies for the Internet in China. T... ||NetEase.com To Report Second Quarter 2002 Financial Results On August 5, 2002|
|Beijing, July 11, 2002
NetEase.com, Inc (Nasdaq: NTES), a leading Internet technology provider in China, today announced that Michael Leung has been appointed to join the company's board of directors effective immediately, and that he has also been appointed to NetEase.com's audit committee. In addition, Ronald Lee has resigned from the audit committee. Mr. Lee shall continue to serve as a director of the company.
Michael Leung, aged 48, has over 23 years of experienc... ||NetEase.com, Inc. Announces Appointment of Director|
|Beijing, June 5, 2002
NetEase.com, Inc (Nasdaq: NTES), a leading Internet technology provider in China, today announced that one of its directors, Kathy Xu, has resigned from the Board of Directors effective immediately and that the Board has elected Ronald Lee to fill the vacancy. Mr. Lee was also appointed to NetEase's Audit Committee.
Commenting on this change, Ted Sun, NetEase.com's acting Chief Executive Officer and a director, said, "The Board of Directors thank... ||NetEase.com Announces Change in Board Seat|
|Strong revenue growth of 127% from the preceding quarter results in a gross profit with a gross margin of 31%
April 23, 2002, Beijing
NetEase.com, Inc (Nasdaq: NTES), a leading Internet technology provider in China, today announced its financial results for the quarter ended March 31, 2002.
The Company reported total revenues of RMB24.0 million (US$2.9 million) for the quarter ended March 31, 2002, a 376.0% increase over total revenues of RMB5.0 million (US$0.6 mil... ||NetEase.com Announces Significant Improvement in First Quarter 2002 Financial Results|
|April 18, 2002, Beijing
NetEase.com, Inc (Nasdaq: NTES), a leading Internet technology provider in China, today announced its financial results for the year ended December 31, 2001.
The Company's revenue decreased to RMB28.3 million (US$3.4 million) in 2001 from RMB33.0 million (US$4.0 million) for the year 2000. The net loss was RMB233.2 million (US$28.2 million) or US$0.93 per American Depositary Share.
As of the end of 2001, the NetEase Web sites had 43.2 m... ||NetEase.com Announces 2001 Financial Results|
|Beijing, April 2, 2002
NetEase.com, Inc (Nasdaq: NTES), a leading Internet technology provider in China, today announced that its Board of Directors has promoted Mr. Denny Lee, the company's current Financial Controller, to the position of Chief Financial Officer effective immediately. The Board of Directors also elected Mr. Lee to become a member of the Board. Prior to his joining the company in November 2001, Mr. Lee worked for the international accounting firm of KPMG as... ||NetEase.com Announces Appointment of New Chief Financial Officer and Director|
|Beijing, January 2, 2002
NetEase.com, Inc. (Nasdaq: NTES), a leading Internet technology provider in China, today announced that it has successfully appealed The Nasdaq Stock Market's decision to delist the company's American Depositary Shares from The Nasdaq National Market. Trading in the company's shares will resume on January 2, 2002.
Mr. Ted Sun, NetEase's acting Chief Executive Officer, hailed the decision of the Nasdaq appeal panel stating, "We are extremely please... ||NetEase.com, Inc. Announces Resumption of Trading on Nasdaq|