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Tencent's quarterly profit jumps 175%, above forecast

March 24 (Reuters) - Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit.

The world’s largest gaming firm by revenue booked profit of 59.3 billion yuan ($9.09 billion) for the three months through December. That was ahead of an average analyst estimate of 30.65 billion yuan, based on data from Refinitiv.

$1 = 6.5232 Chinese yuan renminbi Reporting by Pei Li; Editing by Jan Harvey

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