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Gaming giant Tencent's 2022 annual net profit falls 16%
Gaming giant Tencent's 2022 annual net profit falls 16%
Business and Economy
by  AFP

Chinese gaming giant Tencent's profits fell steeply last year, according to an earnings report released Wednesday, as the country's tech sector weathers a government crackdown and a shaky economy. Annual net profit in 2022 fell 16 percent year-on-year for the group, which owns the popular Chinese messaging app WeChat.