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Tencent Q4 revenues $15,161 million

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Christian Fernsby ▼ | March 19, 2020
Tencent Holdings yesterday announced the unaudited consolidated results for the fourth quarter of 2019 ended December 31, 2019.
Tencent
Tencent   Operating profit was RMB30,306 million on a non IFRS basis
Total revenues were RMB105,767 million (USD15,161 million), an increase of 25% over the fourth quarter of 2018 ("YoY").

Topics: Tencent

On a non IFRS basis, which is intended to reflect core earnings by excluding certain one time and or non cash items:

Operating profit was RMB30,306 million (USD4,344 million), an increase of 35% YoY. Operating margin increased to 29% from 26% last year.

Profit for the quarter was RMB26,639 million (USD3,819 million), an increase of 32% YoY. Net margin increased to 25% from 24% last year.

Profit attributable to equity holders of the Company for the quarter was RMB25,484 million (USD3,653 million), an increase of 29% YoY.

Basic earnings per share were RMB2.690. Diluted earnings per share were RMB2.643.

On an IFRS basis:

Operating profit was RMB28,604 million (USD4,100 million), an increase of 65% YoY. Operating margin increased to 27% from 20% last year.

Profit for the period was RMB22,372 million (USD3,207 million), an increase of 60% YoY. Net margin increased to 21% from 17% last year.

Profit attributable to equity holders of the Company for the quarter was RMB21,582 million (USD3,094 million), an increase of 52% YoY.

Basic earnings per share were RMB2.278. Diluted earnings per share were RMB2.248.


 

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