BEIJING: Internet company Tencent Holdings Ltd, China's biggest listed tech firm, said its first quarter net income climbed 60%, surging beyond analyst estimates, helped by a strong performance in its mobile gaming business.
Net income for the quarter ended March grew to 6.46 billion yuan (US$1.04bil) from 4.04 billion yuan a year earlier, far above analyst estimates of 4.93 billion yuan.
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