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Tencent’s Q2 Disclosure a Mixed Blessing, Hoping to Defy Gravity in Shaky Market
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Tencent’s Q2 Disclosure a Mixed Blessing, Hoping to Defy Gravity in Shaky Market

Aug 19, 2022
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Tencent’s Q2 Disclosure a Mixed Blessing, Hoping to Defy Gravity in Shaky Market
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Tencent’s Q2 Disclosure a Mixed Blessing, Hoping to Defy Gravity in Shaky Market
(Source: Tencent)

Chinese internet giant Tencent logged its first-ever quarterly revenue fall along with declining net profit for the fourth consecutive quarter, according to its second-quarter 2022 results released on August 17. The non-IFRS measure of adjusted earnings, mostly pertaining to the social platform king’s principal operations, pointed to a …

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