Tencent reported strong Q1 2025 results with total revenue up 13% YoY to 180 billion RMB. Key highlights:
1. Gross profit surpassed 100 billion RMB for the first time, up 20% YoY.
2. Domestic games revenue grew 24% YoY, driven by flagship titles and new releases.
3. International games revenue increased 23% YoY (20% in constant currency).
4. Marketing services revenue grew 20% YoY to 32 billion RMB.
5. The company is increasing investments in AI capabilities across its ecosystem.
6. Management expects AI investments to create long-term value despite near-term impact on profit growth.
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.