That was faster growth than seen in the first quarter of 2020. But the earnings reports …

PC games revenue fell over 6% year-on-year. Annual and quarterly financial reports, income statements and balance sheets for Tencent Holdings Limited (TCEHY) on MSN Money. However, compared to the fourth quarter… Mobile games got a boost from Tencent's hit titles including "Honor of Kings," which saw new upgrades during the quarter, and "Peacekeeper Elite. Tencent's shareholders will receive and consider the Financial Statements and the Reports of the Directors and Auditors for the year ended 31 December 2006; declare a final dividend; re-elect Directors; re-appoint Auditors and consider other matters arising. The consensus looks for Tencent to report revenue of $6.4 billion, or 44.25 billion yuan, up 45% in local currency year-over-year. "Meanwhile, PC game revenue fell around 17% to 11.8 billion yuan, which Tencent attributed to the temporary closure of internet cafes and the "soft performance" of a game called "DnF" which stands for "Dungeon & Fighter. NCSoft Quarterly Report Has Ups and Downs. The company also said there were "greater revenue contributions" from its cloud computing business. View TCEHY revenue estimates and earnings estimates, as well as analyst recommendations. Gaming boosted overall revenue while Tencent saw some weakness in its advertising business. But it is facing growing competition from others including ByteDance's efforts in gaming are still very new and unlikely to be a threat to Tencent in the near term. But the crown jewel in China's second-most valuable tech firm is facing rising competition from rivals. The Cookies collect information in a way that does not directly identify anyone. The outlook for this business is less clear in the first quarter.China Renaissance said in a note published April 28 that it expects year-over-year revenue growth for this unit to slow to 11% in the first quarter versus 39% in the fourth quarter of 2019. The Chinese technology giant said the revenue growth was due to "increased average daily transactions and value per transaction, from wealth management, as well as from cloud services as a result of greater consumption of our public cloud. Tencent Holdings Ltd.’s comeback is taking a little longer than expected. "While online games accounted for around one-third of revenue, Tencent has some other fast-growing businesses too. WeChat Pay is one of China's largest mobile payment systems alongside Alibaba's Alipay. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.Omar Marques | SOPA Images.| LightRocket | Getty Images We believe strong corporate governance is critical to creating sustainable value for our shareholders.我们希望使用分析型Cookies和类似技术 (“Cookies”) 来改善我们的网站。 Cookies收集的信息不会识别您个人。有关我们使用的Cookies的类型以及您的偏好选项(包括如何更改您的偏好设置)的更多信息,请查看此处的我們希望使用分析型Cookies和類似技術 (“Cookies”) 來改善我們的網站。 Cookies收集的信息不會識別您個人。有關我們使用的Cookies的類型以及您的偏好選項(包括如何更改您的偏好設置)的更多信息,請查看此處的We would like to use analytics cookies and other similar tracking technologies (“Cookies”) to help us improve our website.

Total smartphone game revenue came in at 34.7 billion yuan for the March quarter. The ever popular one-page Snapshot reports are … Ad revenues were dragged down by a 25% plunge in media advertising revenue. Tencent will report first quarter 2020 earnings after the Hong Kong market close on Wednesday. Annual and quarterly financial reports, income statements and balance sheets for Tencent Holdings Limited (TCEHY) on MSN Money.

Tencent is committed to maintaining the highest level of corporate governance, and providing our investors with a thorough understanding of the Group's management and development. Data is a real-time snapshot *Data is delayed at least 15 minutes.

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