Tencent profit up 61 percent as booming games business drives first quarter earnings

Tencent profit up 61 percent as booming games business drives first quarter earnings

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/16/tencent-earnings-q1-2018.html

Tencent reported first quarter earnings on Wednesday that beat market expectations, fueled by its booming gaming business.

Shares in Asia's second-most valuable public company were under pressure coming into the earnings report, with investors fearing potentially lower margins and increasing costs.