NTES: New Mobile Games and High Season Of e-Commerce Are Likely To Lead To Better 4Q18 Results
NTES will report 4Q18 results on February 20th after the markets close followed by an 8pm EST conference call. Based on our proprietary data and calculations, NTES’s 4Q18 revenue is likely to be slightly above consensus at RMB19,957M and our estimate at RMB19,878M. We believe the release of two new games in late 3Q18 and early 4Q18 are likely to make contribution to its game revenue growth in 4Q18.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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