Tencent Q1 2025: Revenue Up 13%, Gross Profit Hits Record 100.5B RMB as AI Drives Growth

Earnings Call
05/14

1. Total revenue grew 13% year-over-year to 181 billion RMB.
2. Gross profit increased 20% year-over-year to 100.5 billion RMB, surpassing 100 billion for the first time.
3. Non-IFRS operating profit rose 18% year-over-year to 69.3 billion RMB.
4. AI capabilities are contributing to performance advertising and evergreen games revenue.
5. The company is increasing investment in AI, including for 元宝 application and AI in WeChat.
6. WeChat and Weixin combined MAU grew to 1.4 billion.
7. Several evergreen games achieved record high gross receipts, with Delta Force becoming a top-ranked mobile game.
8. Marketing services revenue grew 20% year-over-year to 32 billion RMB.
9. FinTech and Business Services revenue increased 5% year-over-year to 55 billion RMB.
10. The company is implementing AI features across its ecosystem, including in WeChat search and content creation tools.
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.

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