Express News | Over 260 funds have reached a new high in the adjusted net asset value.
Tencent (0700.HK) Q3 2024 performance review: The operational performance meets expectations, and the growth resilience continues to be evident.
Tencent achieved revenue of 167.2 billion yuan in Q3 24, up 8% year-on-year and 4% quarter-on-quarter; achieved operating profit of 53.3 billion yuan, up 20% year-on-year and 5% quarter-on-quarter; Non-IFRS net income attributable to the parent company was 59.8 billion yuan.
Express News | Tencent's CEO Liu Chiping responds to the adjustment of the gaming division: restoring vitality and creativity.
tencent (00700.HK): The new game cycle and the commercialization of WeChat ecosystem are expected to continue to drive growth.
The domestic gaming and marketing services performed well, maintaining a "buy" rating. The company achieved revenue of 487.8 billion yuan in the first three quarters of 2024 (up 7% year-on-year) and net income of 142.7 billion yuan (up 62% year-on-year). Non-
tencent (00700): Games are accelerating as scheduled, AI empowers advertising and cloud computing.
Event: Tencent Q3 24 revenue of 167.2 billion yuan, a year-on-year increase of 8%, basically in line with expectations. Adjusted operating profit of 61.3 billion yuan, a year-on-year increase of 19%. Adjusted net profit attributable to equity holders of the parent company after adjustment 59.8 billion yuan, a year-on-year increase.
Tencent Holdings (00700.HK): Advertising business gaining market share, operational leverage continues to improve.
The advertising and gaming businesses performed well, with profits steadily rising. In 2024 Q3, Tencent achieved revenue of 167.1 billion yuan, an 8.1% year-on-year increase. The main growth was contributed by the advertising and gaming businesses, while the cni xiangmi lake fintech index business was relatively weak due to macroeconomic factors.