Chinese gaming and social media giant Tencent Holdings Ltd said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games
Current Affairs : HONG KONG (Reuters) – Chinese gaming and web based life goliath Tencent Holdings Ltd said second-quarter net benefit rose 37%, beating market gauges, on more popularity for its computer games as coronavirus-related lockdowns kept individuals inside.
The world’s biggest gaming firm by income booked a 33.1 billion yuan ($4.76 billion) benefit for the three months through June. That was in front of an expert normal gauge of 27.56 billion yuan, as indicated by information from Refinitiv.
Income rose 29% to 114.88 billion yuan, versus advertise desires for 112.76 billion yuan.
Aditi Mehta 