TC

22/03/2017 17:09

Tencent (00700) year net up 43% to Rmb41.1bn; div HK61 cts

    Tencent (00700) said its profit attributable to equity holders for the year ended 31 December 2016 rose 42.7% year-on-year to Rmb41,095 million.
  Basic and diluted earnings per share were Rmb4.383 and Rmb4.329.
  The revenue amounted to Rmb151,938 million, an increase of 47.7% from a year earlier. Gross profit grew 38% year-on-year to Rmb84,499 million.
  Revenues from VAS business rose 34% to Rmb107.8 billion. Online games revenues increased by 25% to Rmb70,844 million. Revenues from online advertising business increased by 54% to Rmb26,970 million. Revenues from other businesses surged 263% to Rmb17,158 million.
  On Weixin and WeChat, monthly active user accounts (MAU) eached 889.3 million, representing year-on-year growth of 27.6%. QQ's smart device MAU increased by 1.7% year-on-year to 652.5 million. Peak concurrent user accounts including PC and mobile reached 243.7 million.
  For the fourth quarter of 2016, Tencent's profit attributable to equity holders amounted to Rmb10,529 million, up 47% year-on-year and a decrease of 1% quarter-on-quarter.
  The proposed final dividend is HK61 cents (2015: HK47 cents) per share, payable on 2 June 2017.  

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