Jamie McKane
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Tencent beats analyst estimates
Tencent Holdings Ltd. posted a better-than-expected 35% rise in quarterly earnings after Peacekeeper Elite became the gaming giant’s first break-out hit since it won regulatory approval to make money off new titles.
Net income rose to 24.1 billion yuan ($3.4 billion) in the three months ended June, the Shenzhen-based company said on Wednesday, beating the average estimate of 21.1 billion yuan compiled by Bloomberg.
[Bloomberg]
Tencent Holdings Ltd. posted a better-than-expected 35% rise in quarterly earnings after Peacekeeper Elite became the gaming giant’s first break-out hit since it won regulatory approval to make money off new titles.
Net income rose to 24.1 billion yuan ($3.4 billion) in the three months ended June, the Shenzhen-based company said on Wednesday, beating the average estimate of 21.1 billion yuan compiled by Bloomberg.
[Bloomberg]