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NetEase's first quarter revenue was 26.9 billion yuan, a year-on-year increase of 7.2%, in line with expectations. NetEase released its first quarter performance report, which showed a revenue of 26.9 billion yuan, a year-on-year increase of 7.2%, and an estimated 26.74 billion yuan; The gross profit for the first quarter was 17 billion yuan, with an estimated 16.59 billion yuan. NetEase's non GAAP net profit in the first quarter was 8.5 billion yuan.
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