Tencent's Q1 revenue was 159.501 billion yuan, up 6% year-on-year
Adjusted net profit was $50.265 billion, up 54% year over year.
#腾讯控股 2024Q1 Performance Topic #持续更新
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Tencent's Q1 net profit exceeds 50 billion dollars! Video accounts continue to take responsibility for growth, and games are returning with energy
① Tencent's revenue for the first quarter was 159.5 billion yuan, and the market expected to be 158.8 billion yuan, up 6.3% year on year and 3% month on month. ② Net profit of 41.9 billion yuan, up 62% year on year, up 55% month on month, market expectations of 34.5 billion yuan; adjusted net profit of 50.4 billion yuan, up 54% year on year, market expectations of 43 billion yuan.
Futu Research | Tencent's earnings report surpassed expectations, how much room is left for investment?
Tencent's long-term investment income = EPS growth+shareholder return. Tencent's future stock price space will be highly linked to “EPS growth+free cash flow growth”. Judging from the data situation reflected in this financial report, Tencent is far from peaking, and investors can actively enjoy the growth dividends brought by the company's business development and shareholder returns.
Express News | Tencent Holdings' ADR rose more than 5%, and the company's Q1 adjusted net profit of 50.265 billion yuan, an increase of 54% over the previous year.
Tencent Holdings' ADR rose more than 5%
Tencent Holdings' ADR rose more than 5%, with first-quarter revenue of 159.5 billion yuan, up 6% year on year and 3% month on month; equity holders should account for profit of 41.9 billion yuan, up 62% year on year and 55% month on month.
TENCENT To Go Ex-Dividend On May 17th, 2024 With 3.4 HKD Dividend Per Share
May 14th - $TENCENT(00700.HK)$ is trading ex-dividend on May 17th, 2024. Shareholders of record on May 20th, 2024 will receive 3.4 HKD dividend per share on May 31st, 2024. The ex-dividend date is
Express News | Tencent Holdings' ADR US stock rose 2.6% before the market, the company's Q1 net profit surged 62%, and video account usage time increased by more than 80%.
Tencent Profits Soar on Its Online Advertising Boom
Tencent's Q1 Profit Surges 62%
Tencent's (HKG:0700) attributable profit rose 62% to 41.9 billion yuan in the first quarter from 25.8 billion yuan in the year-ago period, according to a Tuesday filing with the Hong Kong Exchange. Ea
Express News | The invested company peddled the phone calls of entrepreneurs on a large scale! Tencent's response: Unaware of the peddling behavior, they immediately contacted the management of Reward Marketing Cloud
Zhitong Hong Kong Stock Connect Active Trading | May 14
On May 14, 2024, Tencent Holdings (00700.HK), CNOOC (00883.HK), and ICBC (01398.HK) ranked in the top 3 of Shanghai-Hong Kong Stock Connect (southbound) turnover, with turnover of 1,979 billion yuan, 1,965 billion yuan, and 1,173 billion yuan respectively; Tencent Holdings (00700.HK), Xiaomi Group-W (01810.HK), and Meituan-W (03690.HK) ranked in the top 3 transactions of Shenzhen-Hong Kong Stock Connect (Southbound) The turnover was $1,921 billion, $1,108 billion, 9.33 million
Tencent's total Q1 game turnover increased, DNF mobile games became a new hope for Q2 local market growth | Financial Report Interpretation
① Today, Tencent released its 2024 Q1 earnings report. Among them, the online game business revenue was 48.1 billion yuan, the same as the previous year; ② Both the local market and the international market of Q1 Tencent games achieved year-on-year growth, with the international market growing as high as 34%, mainly driven by a recovery in Supercell's games; ③ agency sources said that the decline in revenue in the Q1 local market was within expectations, and DNF Mobile Games is expected to become an inflection point in Q2 growth.
Express News | The WeChat platform further regulates the labeling of “self-media” information sources
Tencent Non-GAAP EPS of RMB5.26, Revenue of RMB159.5B
The first quarter report surpassed expectations, and Tencent (00700.HK) stock prices rose slightly in the European market
After the market on May 14, Tencent Holdings (00700.HK) released financial results for the first quarter of 2024. According to financial reports, Tencent's revenue for the first quarter of this year was 159.501 billion yuan, up 6% year on year. Market expectations were 158.807 billion yuan, with revenue of 149.886 billion yuan for the same period last year; adjusted net profit for the first quarter was 50.265 billion yuan, up 54% year on year, and estimated 43 billion yuan. After the financial report was announced, Tencent's stock price rose slightly in the German Frankfurt market. As of press time, it had risen 0.59% to 45.87 euros, equivalent to HK$386.56, compared to the closing price of Hong Kong stocks at 381.
Express News | Southbound Capital had a net sale of HK$115 million today
Tencent's gross profit increased 23% in the first quarter, and the gross profit growth rate outperformed revenue for six consecutive quarters
Glonghui, May 14 | According to Tencent's financial report for the first quarter of 2024, the company achieved operating income of 159.501 billion yuan, gross profit of 83.87 billion yuan, an increase of 23% over the previous year, and net profit (non-IFRS) of 50.265 billion yuan, an increase of 54% over the previous year. Benefiting from the rapid growth of emerging businesses such as video accounts, applets, and SaaS, and traditional business focus on improving efficiency, Tencent maintained rapid growth in the first quarter of 2024, and gross profit growth rate exceeded 20% for the fourth consecutive quarter. Furthermore, since the second half of 2022, Tencent has achieved six consecutive quarters where both operating profit and gross profit growth rates have surpassed operations
Express News | Tencent invested 15.678 billion yuan in R&D in the first quarter with a repurchase amount of HK$14.8 billion
Express News | Tencent Holdings' first quarter business and operation data at a glance