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Tencent's Q4 profit jumps 47%, revenue grows 44%

Thursday 23 March 2017 | 06:52 CET | News
Chinese internet company Tencent reported total revenues of CNY 43.8 billion (approximately USD 6.3 billion) for the fourth quarter of 2016, which represents an increase of 44 percent year-on-year. Operating profit amounted to CNY 13.9 billion, up 28 percent, while profit for the quarter was CNY 10.5 billion (approximately USD 1.5 billion), representing an increase of 47 percent year-on-year.

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Categories: Internet
Companies: Tencent
Countries: China
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