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.

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

May 16, 2018, 10:28am UTC
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.