TCEHY - Tencent Misses Revenue Forecasts In Q3 But Diversified Revenue Streams Lead to Higher Profits | Benzinga
Tencent Holding Ltd (OTC: TCEHY) reported a third-quarter revenue growth of 10% year-on-year to RMB154.6 billion ($21.5 billion), missing the consensus of $21.9 billion.
The Chinese multinational technology and entertainment conglomerate's non-IFRS operating profit increased by 36% Y/Y to RMB55.5 billion ($7.7 billion). The margin increased to 36% from 29% last year.
The non-IFRS EPS was RMB4.657 vs consensus $0.57.
Revenues from VAS increased by ...