Summary:

NetEase Returns to Profit on Games, Ads: Chinese Internet portal NetEase.com returned to profit in Q4 on the back of online games, wireless…

NetEase Returns to Profit on Games, Ads: Chinese Internet portal NetEase.com returned to profit in Q4 on the back of online games, wireless text-message services and rebounding ad sales.

Like the other three Nasdaq-listed Internet media firms from China — Sohu.com, Sina.com and Chinadotcom Corp — NetEase has profited from the popularity of services such as jokes, news and ringtones delivered to cellphones. NetEase, Sohu and Sina all rank in the top-10 performing Nasdaq stocks over the past year, with NetEase gaining 1,660 percent.

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