Chinese online internet giant Tencent delivered another year of robust revenue growth in 2016, benefiting from gains in its online games, social networks and online advertising, our sister site Technode Chinese is reporting.

Tencent yesterday announced the unaudited consolidated results for Q4 2016 and audited consolidated results for the year ended Dec. 31, 2016.

The company reported a net profit of RMB 41.45 billion for 2016, up 42 percent from the previous year, on revenue of RMB151.94 billion, up 48 percent, according to the financial report.

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.