New book by Larry Connors Click here Improve your trading - See how
In the second quarter of 2009, revenues from Internet value-added services rose 13.2% quarter on quarter and 107.9% year on year to USD 315.7 million; revenues from mobile and telecom value-added services increased 6.9% quarter on quarter and 38.9% year on year to USD 68.8 million; and revenues from online advertising grew 65.8% quarter on quarter and 9.1% year on year to USD 35.6 million. Revenues from Internet value-added services, mobile value-added services, as well as online advertising accounted for 74.9%, 16.3%, and 8.4% of the total revenues, respectively. Gross profit came to USD 284.5 million, ascending 13.1% from the first quarter of 2009 and 69.5% from the second quarter of 2008. Gross margin declined to 67.5% from 68.6% in the prior quarter. Operating profit touched USD 204.8 million, leaping 20.1% from the previous quarter and 82.8% from the period last year. Operating margin widened to 48.6%, compared with 46.5% in Q1 2009. Net profit attributable to equity holders of the company was USD 174.5 million, jumping 15.2% quarter on quarter and 85.2% year on year. Basic earnings per share stood at CNY 0.662 and diluted earnings per share arrived at CNY 0.647. For the first half of 2009, Tencent scored total revenues of USD 787.9 million, increasing 77.5% from H1 2008. Revenues from Internet value-added services hiked 99.5% year on year to USD 594.4 million; revenues from mobile and telecom value-added services rose 45.2% year on year to USD 133.1 million; and revenues from online advertising climbed 6.1% year on year to USD 57 million. Gross profit amounted to USD 536.1 million, swelling 67.1% from January-June 2008. Operating profit hit USD 375.2 million, rising 70.6% year on year. Net profit attributable to equity holders of the company was USD 326.1 million, surging 89.1% year on year. By June 30, Tencent's cash, cash equivalents, and short-term investments totaled CNY 7.7829 billion or so. Looking ahead, the company will make more efforts in research to improve online game quality and enhance competitiveness pointed executives for Tencent, adding that the company will delay the launch of some games. Source: www.163.com (August 13, 2009) For full details for TCEHF click here.
Email Print Archives Feedback Email Article Link
Close X
Most Popular News
UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Thursday December 3 12:30 PM
* Attendance is strictly limited and are filled on a first-come, first-served basis.
The TradingMarkets Directory
Stocks
Options
Forex
E-mini/Futures
How to Trade
Tools
PowerRatings
Blogs
Premium Subscription Services
RELATED SITES
Please call 1-213-955-5858 ext. 1
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. The Connors Group, Inc. © Copyright 2009 The Connors Group, Inc. All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy. © 2009 The Connors Group, Inc.
|
