{"id":8907,"date":"2012-03-14T15:10:24","date_gmt":"2012-03-14T13:10:24","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/chinas-tencent-says-q4-profit-up-15-3-pct\/"},"modified":"2012-03-14T15:10:24","modified_gmt":"2012-03-14T13:10:24","slug":"chinas-tencent-says-q4-profit-up-15-3-pct","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/chinas-tencent-says-q4-profit-up-15-3-pct\/","title":{"rendered":"China&#8217;s Tencent says Q4 profit up 15.3 pct"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">March 14<\/span> (Reuters) &#8211; Tencent Holdings Ltd,<br \/>\nChina&#8217;s biggest Internet company by revenue, reported a 15.3<br \/>\npercent rise in quarterly profit, in line with analyst<br \/>\nestimates, as growth in a budding blockbuster game helped lift<br \/>\ntepid performances by its more mature titles.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Tencent, which has spent the last year diversifying into<br \/>\ntravel and social networking, faces stiff competition from<br \/>\nonline game operators such as Shanda Games Ltd and<br \/>\nNetease.com Inc, as it also seeks to maintain its high<br \/>\ngrowth in online games.<\/p>\n<p><span><\/span><\/p>\n<p>Tencent posted a fourth-quarter net profit of 2.54 billion<br \/>\nyuan, in line with analyst forecasts of 2.58 billion yuan.<\/p>\n<p><span><\/span><\/p>\n<p>Tencent&#8217;s legacy games such as Crossfire and Dungeon<br \/>\nFighter posted slower gains in the quarter, while its new<br \/>\nblockbuster title League of Legends soared.<\/p>\n<p><span><\/span><\/p>\n<p>Shares in Tencent, which is more than 30 percent owned by<br \/>\nNaspers Ltd, South Africa&#8217;s biggest media group, ended<br \/>\n0.1 percent higher on Wednesday before its earnings announcement<br \/>\nversus the Hang Seng Index&#8217;s 0.2 percent loss.<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>March 14 (Reuters) &#8211; Tencent Holdings Ltd, China&#8217;s biggest Internet company by revenue, reported a 15.3 percent rise in quarterly profit, in line with analyst estimates, as growth in a budding blockbuster game helped lift tepid performances by its more mature titles. Tencent, which has spent the last year diversifying into travel and social networking, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8907","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8907"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8907\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}