Tencent second quarter profit rises 35%, beats forecast
Share:
HONG KONG (Reuters) - Tencent Holdings on Wednesday posted a better-than-expected 35% rise in quarterly net profit, as its gaming arm regained growth momentum on a thaw in new approvals by China after a freeze for most of last year.The world's largest gaming firm by revenue reported 24.14 billion yuan (2.9 billion pounds) in net profit for the second quarter ended June, versus an average estimate of 20.74 billion yuan from 13 analysts polled by Refinitiv. Revenue rose 21% to 88.8 billion yuan,..