Tencent’s profit for the second quarter is up 70% year on year
The gaming and social media firm, of which Naspers owns about a third, reports profits in the period of $2.72bn, largely due to its mobile game Honour of Kings
16 August 2017 - 14:19
Hong Kong — Tencent Holdings, China’s biggest gaming and social media firm by revenue, trumped forecasts to post its best-ever quarterly results, driven by higher income from smartphone games, payments and online advertising. Shares in JSE-listed Naspers, which owns about a third of Tencent, were up 3.53% at R2,904.07 at lunchtime on Wednesday.
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