Quarterly profit of Chinese Tencent unexpectedly declined

Net income of Chinese Internet giant Tencent Holdings in the second quarter fell to 17 billion 870 million yuan from 18 billion 230 million yuan a year earlier. Analysts had expected the growth of the indicator to 18 billion 600 million yuan. Quarterly revenue was 73 billion 680 million yuan, increased by 30%, while the experts had predicted it at the level of 78 billion yuan. The number of daily active users increased by 10%. At the same time, the revenue per user did not change. The company increased its revenue from the sale of games for smartphones by 19%, advertising revenue - by 39%. However, the revenue from games for desktop personal computers decreased by 5%.

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