Tencent Holdings Limited (TCEHY) released decent second-quarter results. The stock price gained 3.7%, to close at $57.20 on August 18. Tencent is the world's leading provider of online chat and payment services in China. It also has a booming cloud computing company and offers online gaming. Let’s take a quick look at the earnings. Revenues grew 20% year-over-year to RMB138.3 billion (USD21.4 billion). Meanwhile, net profit came in at BMB42.6 billion (USD6.5 billion), which jumped about 29% year-over-year. The second quarter's results were boosted by strong business services and advertising, strong demand for games, and increased digitalization of public services and traditional sectors.
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Tencent (PK) (USOTC:TCEHY)
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Tencent (PK) (USOTC:TCEHY)
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From Jan 2021 to Jan 2022 Click Here for more Tencent (PK) Charts.