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Tag: profit
Tencent Q4 profit up 51% on growth in mobile games
2015-03-18 16:03:00| Telecompaper Headlines
(Telecompaper) Chinese mobile and internet services firm Tencent said revenues for the fourth quarter of 2014 rose 24 percent from the year before to CNY 20.98 billion (USD 3.43 billion). The operating margin increased to 35 percent from 28 percent, and net profit lifted 51 percent year-on-year to CNY 5.95 billion. VAS revenues advanced 44 percent to CNY 11.96 billion, reflecting growth in mobile games on the social networks Weixin and Mobile QQ. Social networks revenues grew by 50 percent to CNY 5.17 billion on increased in-game items sales and higher paid subscriptions. Online advertising revenues went up 75 percent to CNY 2.63 billion, while at e-commerce, revenues fell 87 percent to CNY 446 million after the repositioning of the business with JD.com. Tencent reached the milestone of 500 million monthly active Weixin and WeChat accounts at the end of 2014, an increase of 41 percent over the year. Monthly active Qzone accounts rose 5 percent in the year to 654 million, and QQ counted 815 million monthly users, up 1 percent from 2013. Of the total 563 million QQ users and 540 million Qzone users were on mobile devices.
Tags: games
mobile
growth
profit
FedEx tops 3Q profit forecasts
2015-03-18 13:43:15| Air Courier - Topix.net
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Tags: profit
tops
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fedex
General Mills tops 3Q profit forecasts
2015-03-18 13:33:29| Food - Topix.net
On a per-share basis, the Minneapolis-based company said it had profit of 56 cents. Earnings, adjusted for non-recurring costs and restructuring costs, came to 70 cents per share.
Tags: general
profit
tops
mills
Inditex beats forecasts with 5% FY profit rise
2015-03-18 13:33:00| Daily apparel & textile news and comment - from just-style.com
Retail clothing giant Inditex marginally beat market expectations with a 5% boost to full-year net profit, while group revenues were up 8% on last year.
Tags: rise
profit
beats
forecasts
Cathay Pacific profit up 20%; upbeat on 2015 view
2015-03-18 13:28:00| Airlines - Topix.net
Cathay Pacific Airways Ltd.'s chairman said he was upbeat on the airline's outlook for 2015 after the company posted a 20% rise in full-year net profit on lower fuel prices, strong passenger growth and a recovery in the air-cargo market. The airline said its net profit for the 12 months ended Dec. 31 rose to 3.15 billion Hong Kong dollars from HK$2.62 billion a year earlier.
Tags: view
profit
pacific
upbeat
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