Baidu Reports Q4 2012 Results: Revenues Were $1.017 Billion, EPS Was $1.28

Posted on Feb 5 2013 - 11:20am by Editorial Staff
Baidu

Baidu

The Chinese internet search giant Baidu today reported its fourth quarter 2012 and fiscal year 2012 results. The company reported the total revenues in the quarter were RMB6.335 billion ($1.017 billion), a 41.6% increase for the same period a year ago while the revenues in fiscal year 2012 were RMB22.306 billion ($3.580 billion), a 53.8% increase from 2011.

The operating profit in the fourth quarter of 2012 was RMB2.848 billion ($457.1 million), a 24.0% increase from the corresponding period in 2011 while the operating profit in fiscal year 2012 was RMB11.051 billion ($1.774 billion), a 45.9% increase from 2011.

Diluted earnings attributable to Baidu per ADS for the fourth quarter of 2012 were RMB7.99 ($1.28) while the net income attributable to Baidu in fiscal year 2012 was RMB10.456 billion ($1.678 billion), a 57.5% increase from 2011. Diluted earnings for fiscal year 2012 were RMB29.83 ($4.79).

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