Friday, August 1, 2014   

Tencent profit soars
(05-14 19:06)

Mainland internet giant Tencent says first-quarter profit surged 60 percent to 6.46 billion yuan from same period last year.
Revenue during the three-month period rose 36 percent to 18.4 billion yuan, led by online games and advertising. The company said revenue took off after it integrated games with its instant messaging system.
Tencent shares rose 1.3 percent to HK$514 ahead of the earnings announcement. --RTHK   
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