Tencent’s ‘Honour of Kings’ mobile game. A growth catalyst in 2020 will be the launch of its two new games in mobile version, Dungeon & Fighter and League of Legends, according to one analyst. Photo: Imaginechina Tencent’s ‘Honour of Kings’ mobile game. A growth catalyst in 2020 will be the launch of its two new games in mobile version, Dungeon & Fighter and League of Legends, according to one analyst. Photo: Imaginechina
Tencent’s ‘Honour of Kings’ mobile game. A growth catalyst in 2020 will be the launch of its two new games in mobile version, Dungeon & Fighter and League of Legends, according to one analyst. Photo: Imaginechina

Tencent has big expectations to beat as Chinese gaming giant prepares to report 2019 earnings amid challenges in ads, cloud computing

  • Bloomberg survey of 59 analysts expects net profit for 2019 to grow 22.3 per cent to 94.7 billion yuan, revenue to rise 20.1 per cent to 375.5 billion yuan
  • Tencent’s fourth-quarter net profit expected to grow 30.8 per cent to 25.8 billion yuan, revenue to rise 22.1 per cent to 103.69 billion yuan

Topic |   Tencent
Tencent’s ‘Honour of Kings’ mobile game. A growth catalyst in 2020 will be the launch of its two new games in mobile version, Dungeon & Fighter and League of Legends, according to one analyst. Photo: Imaginechina Tencent’s ‘Honour of Kings’ mobile game. A growth catalyst in 2020 will be the launch of its two new games in mobile version, Dungeon & Fighter and League of Legends, according to one analyst. Photo: Imaginechina
Tencent’s ‘Honour of Kings’ mobile game. A growth catalyst in 2020 will be the launch of its two new games in mobile version, Dungeon & Fighter and League of Legends, according to one analyst. Photo: Imaginechina
READ FULL ARTICLE