Tencent $TCEHY just posted its Q2 2024 report
Financial Performance: Revenues increased by 8% year-on-year (YoY) to RMB161.1 billion, with gross profit up 21%. Non-IFRS operating profit grew by 27%, and profit attributable to equity holders rose 53% YoY.
Business Segments: Domestic and International Games saw strong growth, with significant contributions from titles like "PUBG Mobile" and "DnF Mobile." Video Accounts and Mini Programs also showed substantial increases in user engagement and revenues.
Strategic Investments: Tencent continues to invest in AI, advertising technology, and partnerships to drive long-term growth. The Tencent portfolio of listed and unlisted companies is worth nearly $80 billion - 18% of its market cap!!
Business Segments: Domestic and International Games saw strong growth, with significant contributions from titles like "PUBG Mobile" and "DnF Mobile." Video Accounts and Mini Programs also showed substantial increases in user engagement and revenues.
Strategic Investments: Tencent continues to invest in AI, advertising technology, and partnerships to drive long-term growth. The Tencent portfolio of listed and unlisted companies is worth nearly $80 billion - 18% of its market cap!!
![Tencent $TCEHY just posted its Q2 2024 report](https://ussnsimg.moomoo.com/sns_client_feed/71618216/20240814/26b8550e63654d7c92b4ea5047eaa061.jpg/big?area=100&is_public=true)
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102950269 : doesnt this look good ? why is the share price falling
徐強 102950269 : What are the reasons to fall and fall?
hing kin chan : Kakura