Tencent reports rising revenues, net profits in Q4 of 2022


  • World
  • Thursday, 23 Mar 2023

SHENZHEN, March 22 (Xinhua) -- Chinese internet giant Tencent has reported year-on-year increases in its revenue and net profit during the fourth quarter of 2022, despite drops in its annual earnings.

Tencent raked in 145 billion yuan (about 21 billion U.S. dollars) in revenue in the quarter ending on Dec. 31, up 0.5 percent year on year, according to the company's financial results released on Wednesday.

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