Baidu's Q4 revenues jump 22%, profit drops 50%

Friday 22 February 2019 | 13:08 CET | News
Baidu posted total fourth-quarter revenues of CNY 27.2 billion (approximately USD 3.96 billion), which represents an increase of 22 percent year-on-year. Net income attributable to Baidu amounted to CNY 2.1 billion (USD 303 million), which represents a decline of 50 percent year-on-year, while diluted earnings attributable to Baidu per ADS was CNY 6, down 52 percent year-on-year.

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Categories: Internet
Companies: Baidu
Countries: China
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