(Telecompaper) Alphabet, the parent company of Google, reported a strong increase in third-quarter profits, led by continued expansion in Google's advertising business. Revenues rose 20 percent year-on-year to USD 22.45 billion, and operating profit increased to USD 5.77 billion from USD 4.71 billion, leading to an increase in the margin to 34 percent from 33 a year ago. Net profit rose to USD 5.06 billion or USD 7.25 per share from USD 3.98 billion or USD 5.73 per share a year earlier.