News & Analysis » China
Tencent Hldgs Q4 Profit Up
March 16, 2011, Wednesday, 07:21 GMT | 03:21 EST | 11:51 IST | 14:21 SGT
(RTTNews) - Tencent Holdings Ltd. (TCTZF.PK) Wednesday posted rise in profit for the fourth quarter.
Profit attributable to equity holders of the company grew to RMB 2.20 billion from RMB 2.15 billion in the third quarter or an increase of 45.9% in the fourth quarter last year.
Earnings per share for the fourth quarter were RMB 1.182 versus RMB 1.159 sequentially.
Profit for the period rose to RMB 2.21 billion from RMB 2.17 billion in the third quarter or an increase of 44.4% in the fourth quarter prior year.
Total revenues increased 5.7% to RMB 5.52 billion from RMB 5.23 billion in the third quarter of 2010, or an increase of 49.8% over the fourth quarter of 2009.
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