Home Tencent revenues, profit soar in Q4, supported by smartphone games, cloud services and ads
 

Keywords :   


Tencent revenues, profit soar in Q4, supported by smartphone games, cloud services and ads

2020-03-18 11:18:00| Telecompaper Headlines

(Telecompaper) The operating profit jumped 65 percent CNY 28.60 billion, with the margin rising to 27 percent from 20 percent, while the profit attributable to equity holders soared 52 percent to CNY 21.58 billion. Capex for the quarter also soaredm by 270 percent to CNY 16.87 billion. 

Tags: services games ads supported

Category:Telecommunications

Latest from this category

All news

11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
13.12This Week in Agribusiness, December 13, 2025
13.12This Week in Agribusiness, December 13, 2025
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
12.12Looking Back With Gratitude, Ahead With Purpose
12.12EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
12.12No 10 says it backs pubs as landlords bar Labour MPs in tax protest
More »