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Wednesday, August 17, 2022 9:28:10 AM
By: Gary Black | August 17, 2022
• $TCEHY reported 2Q rev and adj net income largely in line with expectations.
- Total revs -3% to ¥134B (in line)
- Online adv -18% YoY (vs -29% est decline)
- Mobile games inline
- Fintech/ business service inline
- Adj net income -17% YoY to ¥28.1B vs ¥24.4B E
Conf call 8am
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