Netease Tech, 1/20/10
In a statement issued yesterday evening, Chinese online game developer and operator NetDragon (0777.HK) estimated that net income for Q4 2009 and the full year of 2009 will be significantly lower than previously expected. NetDragon believes the loss in income is attributable to new products and increased R&D costs. No further details were forthcoming.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.