Tencent reported strong Q1 2025 results with total revenue up 13% YoY to 180 billion RMB. Key highlights include:
1. Gross profit rose 20% YoY to 100.5 billion RMB, surpassing 100 billion for the first time.
2. VAS revenue grew 17% YoY to 92 billion RMB, with social networks revenue up 7% YoY.
3. Domestic games revenue increased 24% YoY, driven by flagship titles and new releases.
4. International games revenue rose 23% YoY (20% in constant currency).
5. Marketing services revenue grew 20% YoY to 32 billion RMB.
6. FinTech and Business Services revenue increased 5% YoY to 55 billion RMB.
7. The company is increasing investments in AI capabilities across various business segments.Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.