Tencent (TCEHY) Q4 2024 Earnings Call Transcript
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Tencent Holdings Limited announced its Q4 2024 earnings, reporting a total revenue of 172 billion RMB, an 11% year-on-year increase. Gross profit rose 17% to 91 billion RMB, while non-IFRS operating profit grew 21% to 59 billion RMB, and net profit attributable to equity holders surged 30% to 55 billion RMB. The company highlighted advancements in AI, fintech, and marketing services, alongside a commitment to shareholder returns, including 32 billion HKD in dividends and 112 billion HKD in share repurchases.
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