Tencent reports Q2 revenue up 11% YoY to ~$20.5B, below ~$20.8B est., and operating profit up 37% YoY to ~$6.9B, as cost-cutting helps boost its core units (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Tencent reports Q2 revenue up 11% YoY to ~$20.5B, below ~$20.8B est., and operating profit up 37% YoY to ~$6.9B, as cost-cutting helps boost its core units  —  - Tencent on Wednesday reported a surge in profit for the second quarter, but missed expectations.