400-123-4567
Tencent not only distributed money in a high-profile manner on the occasion of Double Eleven when Alibaba encouraged everyone to spend money, but now the high-growth business of the financial report is just right to match Alipay and Alibaba Cloud.
This evening, Tencent released today's unaudited third quarter earnings report. The report shows that Tencent's total revenue in the third quarter increased by 52% year-on-year, the same growth rate as the previous quarter; net profit growth has declined.
It is worth noting that the proportion of Tencent's game revenue has declined for two consecutive quarters, with online game revenue accounting for only 45% of total revenue in the third quarter; while the proportion of emerging businesses such as payment and cloud computing continued to rise, exceeding 10% for the first time, reaching 12%.
Net profit growth declines
In terms of overall financial position, Tencent's total revenue in the third quarter was RMB 40.388 billion (US $6.048 billion), an increase of 52% year-on-year, and the growth rate was the same as the previous quarter. However, the profit growth rate slowed, and the profit in the period was RMB 10.776 billion (US $1.614 billion), an increase of 42% over the same period last year. Net profit margin fell to 27% from 29% in the same period last year.
 |
so-and-so company  88 Tianhe District, Guangzhou City
400-123-4567 +86-123-4567 admin@admin.com |
 |
Copyright © 2002-202X Valve Co., Ltd. All rights reserved
