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News/Tencent Q3 Reports Revealed
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News/Tencent Q3 Reports Revealed
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{{News |seo_title=Tencent Q3 Reports Revealed |seo_keywords=Tencent |image=tencent.jpg |tags=Tencent |date=2023-11-16T12:57:57.000Z |sources={{NewsSource |source=Game World Observer |url=https://gameworldobserver.com/2023/11/15/tencent-q3-report-games-revenue-6-3-billion-report |article=News/Tencent Q3 Reports Revealed }} |author=Andura |category=Business |content=Chinese video game giant [[Companies/Tencent|Tencent]] revealed its Q3 financial results. In its Q3 earnings report, Tencent reported a revenue of 154.6 billion yuan ($21.5 billion), reflecting a 4% year-over-year increase. Profits saw a 5% year-over-year decline, amounting to 36.8 billion yuan ($5.1 billion). The gaming segment constituted 30% of the total revenue, equivalent to $6.36 billion. The company will also launch a new version of Honor of Kings: World. }}
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