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March 17, 2011

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Home » Business » IT

Tencent gains

TENCENT Holdings, China's biggest Internet company, yesterday said its net profit grew 56.2 percent to 8.05 billion yuan (US$1.22 billion) for the year ended 31 December.

Its revenue rose 57.9 percent to 19.65 billion yuan while operating profit jumped 63.4 percent to 9.84 billion yuan.

The final dividend will be 55 Hong Kong cents (7 US cents) per share, payable on May 25.
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