Tencent’s Profit Rises 35% as New Games Hit Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Chinese internet giant Tencent gets a boost from releasing 10 videogames between April and June

BEIJING—Chinese internet giant Tencent Holdings Ltd. reported a 35% increase in second-quarter net profit, enjoying a boost from the release of popular new videogames.

Tencent said Wednesday that its net profit for the April-June period rose to 24.1 billion yuan from 17.9 billion yuan a year ago. Analysts polled by FactSet expected second-quarter net profit of 22.2 billion yuan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Jesus! Someone’s gonna get shot! 🙄

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in AU

Australia Australia Latest News, Australia Australia Headlines