Tencent Q1 2025: Revenue Up 13%, Boosts AI Investment for Long-term Growth
Earnings Call
May 14
Tencent Holdings Limited held its 2025 Q1 earnings call. Key highlights include: 1. Total revenue reached 191 billion RMB, up 13% year-on-year 2. Gross profit surpassed 100 billion RMB for the first time, up 20% year-on-year 3. Non-IFRS operating profit was 69 billion RMB, up 18% year-on-year 4. VAS revenue grew 17% year-on-year to 92 billion RMB 5. Social networks revenue increased 7% year-on-year to 33 billion RMB 6. Tencent is increasing investments in AI, expecting long-term value creation 7. Music subscription revenue grew 17% year-on-year with 123 million subscribersDisclaimer: 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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.