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| Name | Symbol | Market | Type |
|---|---|---|---|
| Tencent Holdings Ltd (PK) | USOTC:TCEHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.06% | 47.12 | 47.06 | 47.15 | 47.20 | 46.76 | 47.00 | 2,915,916 | 21:14:37 |
From May 2019 to May 2024
By Wayne Ma
BEIJING-Chinese internet giant Tencent Holdings Ltd. (0700.HK) reported a 61% increase in first-quarter net profit on the continued strength of mobile games and growth in other businesses such as payments and digital-content subscriptions.
Tencent said Wednesday its net profit for the January-March period rose to 23.29 billion yuan (US$3.66 billion) from CNY14.48 billion a year earlier. Analysts polled by S&P Global Market Intelligence expected first-quarter net profit of CNY17.1 billion.
Tencent's revenue for the period rose 48% to CNY73.53 billion from CNY49.55 billion a year ago. Its operating profit was CNY30.69 billion, up 59% from a year earlier.
Shares of the Shenzhen, China-based company, which has a market capitalization of HK$3.75 billion (US$478 million), ended 0.4% lower at HK$397.60 in Hong Kong before the earnings release, off about 2% since the start of this year.
Write to Wayne Ma at Wayne.Ma@wsj.com.
(END) Dow Jones Newswires
May 16, 2018 06:27 ET (10:27 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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