TENCENT ANNOUNCES 2015 FIRST QUARTER RESULTS

2015-09-16 12:19 Original gallonwang

Hong Kong, May 13, 2015 – Tencent Holdings Limited (“Tencent” or the “Company”, SEHK 00700), a leading provider of Internet services in China, today announced the unaudited consolidated results for the first quarter of 2015 ended March 31, 2015 (“1Q2015”).

 

Key Highlights:

 Total revenues were RMB22,399 million (USD3,647 million1 ), an increase of 22% over the first quarter of 2014 (“YoY”).

 Operating profit was RMB9,372 million (USD1,526 million), an increase of 20% YoY. Operating margin was 42%, the same as the first quarter of 2014.

 Profit for the period was RMB6,930 million (USD1,128 million), an increase of 8% YoY. Net margin decreased to 31% from 35% last year.

 Profit attributable to equity holders of the Company for the period was RMB6,883 million (USD1,121 million), an increase of 7% YoY.

 Basic earnings per share2 were RMB0.741. Diluted earnings per share2 were RMB0.733.

 On a non-GAAP basis, excluding share-based compensation, deemed disposal gains, amortization of intangible assets and impairment provision:

– Operating profit was RMB9,399 million (USD1,530 million), an increase of 45% YoY. Operating margin increased to 42% from 35% last year.

– Profit for the period was RMB7,144 million (USD1,163 million), an increase of 37% YoY. Net margin increased to 32% from 28% last year.

– Profit attributable to equity holders of the Company for the period was RMB7,053 million (USD1,148 million), an increase of 36% YoY.

– Basic earnings per share were RMB0.759. Diluted earnings per share were RMB0.752. Mr. Ma Huateng,

Chairman and CEO of Tencent, said, “During the first quarter of 2015, we continued to expand our mobile user base and improve our engagement with users, while delivering solid financial results. Our key mobile properties extended their leadership in China and continued to broaden user activities from social and communications to gaming, entertainment, media content, payment, and beyond. Driven by mobile social and video advertisements, our total advertising revenue more than doubled year-on-year. Our Red Envelope gifting initiative spurred increased adoption of our payment solutions and boosted total payment volumes. Looking ahead, we aim to bring further technology benefits to users through our “Internet +” strategy of connecting users with services in various vertical industries through collaboration with a broad range of partners.”


【The report is originally made by gallonwang, please indicate the source while reproducing.】

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