FILE PHOTO: A Tencent logo is seen in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/
March 23, 2022
SHANGHAI (Reuters) – Chinese gaming and social media giant Tencent posted a bigger-than-expected 60% jump in fourth-quarter profit.
Net profit for the three months through December rose to 95 billion yuan ($14.90 billion) from 59.3 billion yuan a year ago, above an average Refinitiv estimate of 30.76 billion drawn from 13 analysts.
($1 = 6.3739 Chinese yuan renminbi)
(Reporting by Brenda Goh; editing by Jason Neely)
Source: One America News Network
