Lyon: It is expected that NetEase-S (09999.HK) second quarter performance will improve, with a year-on-year growth in game revenue of 17.9%.
According to the Wise Finance APP, a report released by Lyon predicts that NetEase-S (09999.HK) (NTES.US) will see an improvement in its second-quarter performance. Specifically, total revenue and adjusted EBIT are expected to increase by 12% and 29% year-on-year, reaching RMB 28.5 billion and RMB 10.4 billion respectively. The bank estimates that the group's game revenue will increase by 17.9% year-on-year. "Justice" and "Egg Party" performed steadily, "Peak Extreme Speed" resumed growth, "Fifth Personality" and new games performed well.
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