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Tencent: Tencent Announces 2021 First Quarter Results
1Q2021
Total r
[2]), an increase of 25% over the first quarter of 2020 ( YoY ).
On a non-IFRS basis
, which is intended to reflect core earnings by excluding certain one-time and/or non-cash items:
Operating profit was RMB42.8 billion (USD6.5 billion), an increase of 20% YoY. Operating margin decreased to 32% from 33% last year.
Profit for the period was RMB34.5 billion (USD5.3 billion), an increase of 23% YoY. Net margin remained stable at 26%.
Profit attributable to equity holders of the Company for the quarter was RMB33.1 billion (USD5.0 billion), an increase of 22% YoY.
Basic earnings per share were RMB3.481.
Diluted earnings per share were RMB3.415.