Tencent’s Q2 Disclosure a Mixed Blessing, Hoping to Defy Gravity in Shaky Market
Chinese internet giant Tencent logged its first-ever quarterly revenue fall along with declining net profit for the fourth consecutive quarter, according to its second-quarter 2022 results released on August 17. The non-IFRS measure of adjusted earnings, mostly pertaining to the social platform king’s principal operations, pointed to a …