Gelonghui May 23| Netease Youdao (DAOpoker3.US) rose 2.62%poker3, quoted at $3.725. Netease Youdao's net income in the first quarter reached 1.39 billion yuan, a year-on-year increase of 19.7%. Operating profit achieved a single quarter profit of 30 million yuan, maintaining profitability for two consecutive quarters for the first time. Under non-GAAP, net profit attributable to Netease Youdao for the quarter was 20 million yuan, turning a year-on-year profit. Operating cash outflow improved by 10.5% compared with the same period last year.
