Tencent total revenues up 30% YoY

China-based provider of Internet value added services Tencent Holdings Limited (SEHK: 00700) has released the unaudited consolidated results for the fourth quarter of 2015 and audited consolidated results for the year ended December 31, 2015, the company said.

Total revenues were RMB102,863 million (USD15,841 million1), an increase of 30 percent over the year ended December 31, 2014.

Operating profit was RMB40,627 million (USD6,256 million), an increase of 33 percent YoY. Operating margin was 39 percent, the same as last year.

Profit for the year was RMB29,108 (USD4,483 million), an increase of 22 percent YoY. Net margin decreased to 28 percent from 30 percent last year.

Profit attributable to equity holders of the company for the year was RMB28,806 million (USD4,436 million), an increase of 21 percent YoY.

Basic earnings per share were RMB3.097. Diluted earnings per share were RMB3.055.

Total revenues were RMB30,441 million (USD4,688 million), an increase of 45 percent over the fourth quarter of 2014.

Operating profit was RMB10,888 million (USD1,677 million), an increase of 47 percent YoY. Operating margin increased to 36 percent from 35 percent last year.

Profit for the period was RMB7,198 million (USD1,108 million), an increase of 21 percent YoY. Net margin decreased to 24 percent from 28 percent last year.

Profit attributable to equity holders of the company for the quarter was RMB7,164 million (USD1,103 million), an increase of 22 percent YoY.

Basic earnings per share were RMB0.769. Diluted earnings per share were RMB0.759.

Tencent uses technology to enrich the lives of Internet users. Tencent was founded in Shenzhen in 1998 and went public on the main board of the Hong Kong Stock Exchange in 2004.