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Baidu Announces Third Quarter 2021 Results

08:30am, Wednesday, 17'th Nov 2021 PR Newswire Asia (English)
BEIJING , Nov. 17, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the third quarter ended September 30, 2021 . "Baidu is bringing innovation across the consumer, enterprise and public sector with our commitment to AI," said Robin Li , co-founder and CEO of Baidu. "Our AI Cloud is helping businesses better serve customers and move faster with greater efficiency. We are building Baidu Apollo smart transportation and intelligent driving to smoothen traffic congestion, accelerate the move to EV and reduce traffic accidents." "Baidu Core delivered another solid quarter, powered by our AI cloud revenue growing 73% year over year," said Rong Luo, CFO of Baidu. "With a diversified AI portfolio, including cloud services, smart transportation, smart devices, self-driving, smart EV and robotaxi, we are well positioned for long-term growth." Third Quarter 2021 Financial Highlights [1] Baidu, Inc. (In millions except per Q3 Q2 Q3 ADS, unaudited) 2020 2021 2021 YOY QOQ RMB RMB RMB US$ Total revenues 28,232 31,350 31,921 4,954 13% 2% Operating income 6,156 3,463 2,308 358 (63%) (33%) Operating income (non-GAAP ) 2 7,636 5,653 4,708 731 (38%) (17%) Net income (loss) to Baidu 13,678 (583) (16,559) (2,570) - 2740% Net income to Baidu (non-GAAP ) 2 6,988 5,359 5,090 790 (27%) (5%) Diluted earnings (loss) per ADS 39.79 (1.70) (48.18) (7.48) - 2734% Diluted earnings per ADS (non-GAAP ) 2 20.35 15.41 14.66 2.28 (28%) (5%) Adjusted EBITDA 2 9,073 7,295 5,962 925 (34%) (18%) Adjusted EBITDA margin 32% 23% 19% 19% [1] Unless otherwise noted, RMB to USD was converted at an exchange rate of RMB6.4434 as of September 30, 2021, as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System.

China Gold International Resources Reports 2021 Third Quarter Results

10:00pm, Monday, 15'th Nov 2021 The North America Newswire
VANCOUVER TheNewswire - November 1 5 , 2021 China Gold International Resources Corp. Ltd. (TSX:CGG ) ( HKEx:2099) (the Company or China Gold International Resources ) is pleased to report financial and operational results for the three months ( Q 3 or third quarter 2021 ) and nine months ( nine months 202 1 ) ended September 3 0 , 2021. This news release should be read in conjunction with the Companys Financial Statements, Notes to the Financial Statements and Managements Discussion and Analysis ( MD&A ). For detailed information, please read the Companys Financial Statements and MD&A which are available on SEDAR at www.sedar.com, The Stock Exchange of Hong Kong Limiteds website at www.hkex.com.hk, the Company''s website at www.chinagoldintl.com, or call the Company at +1-604-609-0598 and email to [email protected]. Selected Production and Financial Highlights: Q3 202 1 Compared to Q3 20 20 - Revenue increased by 3% to US$248.3 million from US$240.5 million for the same period in 2020. - Mine operating earnings increased by 25 % to US$ 82.6 million from US$ 66.1 million for the same period in 2020. - Net income increased by 10% to US$52.2 million from US$47.6 million for the same period in 2020. - Cash flow from operation increased by 14% to US$117.5 million from US$103.3 million for the same period in 2020. - Total gold production decreased by 14 % to 57,288 ounces from 66,799 ounces for the same period in 2020. - Total copper production decreased by 14 % to 41.8 million pounds ( 18,947 tonnes) from 48.6 million pounds ( 22,029 tonnes) for the same period in 2020.
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