November 16,Tencent Holdings announced that the revenue in the third quarter was 140.1 billion yuan, a year-on-year decrease of 1.6%, and an estimated 141.4 billion yuan; the net profit in the third quarter was 39.9 billion yuan, a year-on-year increase of 1.1%, and an estimated 25.19 billion yuan; Net profit was 32.3 billion yuan, a year-on-year increase of 1.58%, estimated at 30.16 billion yuan; operating profit in the third quarter was 51.59 billion yuan, estimated at 35.41 billion yuan. Tencent said that in the third quarter, due to the transitional challenges of the industry, the number of paying users decreased, and game revenue in the local market fell by 7% to 31.2 billion yuan. Social networking revenue fell 2 percent to 29.8 billion yuan. Total mobile game value-added service revenue decreased by 4% year-on-year to RMB 41.0 billion, while revenue from PC client games remained stable at RMB 11.7 billion. Revenue from the online business decreased by 5% year-on-year to RMB 21.5 billion. Financial technology and enterprise service business revenue increased by 4% year-on-year to RMB 44.8 billion.
