BRIEF-NetEase reports Q2 basic net income per share of $0.16

Reuters2021-08-31

Aug 31 (Reuters) - NetEase Inc :

* NETEASE ANNOUNCES SECOND QUARTER 2021 UNAUDITED FINANCIAL RESULTS

* Q2 REVENUE RMB 20.52 BILLION

* Q2 EARNINGS PER SHARE $0.16

* QTRLY NON-GAAP BASIC NET INCOME PER SHARE WAS US$0.20 (US$0.98 PER ADS)

* BOARD HAS APPROVED DIVIDEND OF US$0.0480 PER SHARE (US$0.2400 PER ADS) FOR Q2 OF 2021

* QTRLY ONLINE GAME SERVICES NET REVENUES WERE RMB14.5 BILLION (US$2.3 BILLION), INCREASE OF 5.1% COMPARED WITH Q2 OF 2020

* NETEASE - YOUDAO'S BIZ, FINANCIAL CONDITION, CORP STRUCTURE EXPECTED TO BE MATERIALLY AFFECTED IN FUTURE BY CHANGING REGULATORY ENVIRONMENT IN CHINA'S K-12 EDUCATION INDUSTRY

* SAYS MAGNITUDE OF IMPACT ON YOUDAO REMAINS UNCERTAIN AT THIS TIME.

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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