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Tencent Holdings Q3 Profit Climbs On Strong Revenues - Quick Facts


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(RTTNews.com) - Tencent Holdings Ltd. (TCEHY.PK), a provider of Internet value added services in China, reported Wednesday that its third-quarter profit attributable to equity holders was RMB18.01 billion or $2.71 billion, an increase of 69% from last year.

Earnings per share were RMB1.888.

Adjusted attributable profit was RMB17.07 billion or $2.57 billion, an increase of 45%. Adjusted earnings per share were RMB1.790.

Adjusted operating profit grew 44 percent to $3.26 billion. Adjusted operating margin decreased to 33% from 37% last year.

EBITDA was RMB24.02 billion, up 51%. Adjusted EBITDA was RMB25.63 billion, up 51%.

Total revenues were RMB65.21 billion or $9.83 billion, an increase of 61% from last year. Online games revenues grew 48%, which mainly reflected contributions from smart phone games.

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: TCEHY


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