MADRID, 23 Mar. (EUROPA PRESS) –
Chinese tech giant Tencent posted net attributable profit of 224,822 million yuan (32,017 million euros) in the whole of 2021, which is equivalent to an increase of 40.6% compared to the profits seen during the previous year, as reported by the company
Revenue between January and December amounted to 560,118 million yuan (79,766 million euros), 16.2% more, despite the fact that in the fourth quarter of 2021 the increase in Tencent’s turnover slowed down to 7.9% , up to 144,188 million yuan (20,534 million euros), which represents the weakest growth in the company’s quarterly income.
By business segments, in the year as a whole, the turnover of the video game and social network division grew by 10.3%, to 291,572 million yuan (41,523 million euros), while financial and business services grew by 34 .4%, up to 172,195 million yuan (24,522 million euros). The division posted a turnover of 88,666 million yuan (12,627 million euros), 7.8% more.
At the end of the year, the number of active monthly users of all the company’s platforms was 1,268.2 million, which represents an annual growth of 3.5%, although compared to the data for the third quarter the advance was 0.4%.
“2021 was a difficult year, in which we embraced changes and implemented certain measures that strengthened the company’s long-term sustainability, but at the cost of slowing down our revenue growth,” said Ma Huateng, Chairman and CEO of Tencent.