View source for News/NetEase Reveals 2023 Financial Results

{{News
|seo_title=NetEase Reveals 2023 Financial Results
|seo_keywords=NetEase
|image=NetEase_Logo.jpg
|tags=NetEase
|date=2024-03-06T05:33:43.000Z
|sources={{NewsSource
|source=Games Industry
|url=https://www.gamesindustry.biz/netease-revenue-rises-72-to-146bn-in-2023
|article=News/NetEase Reveals 2023 Financial Results
}}
|author=Andura
|category=Business
|content=[[Companies/NetEase|NetEase]], reported its financial results for 2023, showing a surprise increase in its overall performance. The company's total revenue increased to RMB 103.5b ($14.6b) from RMB 96.5b ($13.4b), marking a 7.2% growth from the previous year.

A significant rise in profits was also recorded, increasing by 19.5% to RMB 63.1b ($8.9b) in 2023, up from RMB 52.8b ($7.3b) in the prior year. The revenue from its gaming division grew by 9.4%, reaching RMB 81.6b ($11.5b) compared to RMB 74.6b ($10.3b) in 2022.

NetEase CEO and director William Ding stated '''"2023 proved to be another landmark year for NetEase Games with continuous cross-category innovations that expand and diversify our robust games portfolio."'''
}}