Tencent second-quarter profit rises 29%

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(Corrects net profit to 42.6 bln yuan, not 33.1 bln yuan. Also corrects to above, not below, estimates.)

SHANGHAI (Reuters) -Chinese gaming and social media giant Tencent Holdings posted a 29% rise in second-quarter profit, a slower pace of growth after the coronavirus pandemic led to a boom in online gaming last year.

Net profit for the three months through June came in at 42.6 billion yuan, above an average Refinitiv estimate drawn from 13 analysts of 34.4 billion yuan.

(Reporting by Brenda Goh; Editing by Edwina Gibbs)



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