Tencent's Q3 revenue at $22B, up 13% YoY

Wednesday, 10. November 2021 10:01

Tencent Holdings Ltd. unveiled on Wednesday that its total revenue for the third quarter of the fiscal year stood at $22 billion (142 billion yuan), increasing 13% when compared to the same period last year.

At the same time, the Chinese tech company reported a net income of $6.2 billion (39 billion yuan), while its operating profit saw a yearly gain of 7% to $6.3 billion (40 billion yuan). Tencent's diluted earnings per share went from $0.52 (3.9 yuan) to $0.68 (4.1 yuan), constituting a per annum rise of 5%.

Lastly, the number of combined monthly active users of Weixin and WeChat climbed 4% year-over-year to 1.26 billion. Tencent's online advertising revenue came in at $3.5 billion (22.5 billion yuan).

Related Links: Tencent Holdings Ltd.
Author:
Baha Breaking News (BBN) / OL