长江证券:腾讯控股游戏及广告业务超预期强劲 AI持续带来实质回报

长江证券
15 May

事件描述腾讯25Q1 实现收入1800 亿元,同比+13%,环比+4%;实现经营盈利576 亿元,同比+10%;Non-IFRS 归母净利润613 亿元,同比+22%。收入和经调净利润高于市场预期。事件评论长青游戏表现优异叠加新游增量,带动国内及海外游戏Q1 收入均创历史新高。1)国内游戏业务超预期增长。《王者荣耀》《穿越火线手游》等多款长青游戏Q1 流水创历史新高,《无畏契约》Q1 收入与DAU...

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