Chinese game giant Tencent’s profits rise 46 percent in Q3 but fall short of analysts’ expectations

China-based Internet and gaming giant Tencent reported today that total revenues had jumped 28 percent in the third quarter while profits grew 46 percent. Although both appeared to be big increases, the profit growth fell below the 57 percent forecasted by analysts.

In a press release, the company — which counts Riot’s League of Legends multiplayer online strategy game among its top moneymakers — said it had $3.2 billion in revenue for the quarter and $923 million in profits. That compares to $2.53 billion in revenues and $630 million in profits for the same quarter a year ago.