Tencent's Third-Quarter Profit Surged 47%, Beating Expectations

4 days ago  · The videogame and social-media company said Wednesday that net profit jumped 47% to 53.23 billion yuan, equivalent to $7.36 billion, comfortably beating the 45.12 billion …


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Tencent's Third-Quarter Profit Surged 47%, Beating Expectations

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4 days ago  · The videogame and social-media company said Wednesday that net profit jumped 47% to 53.23 billion yuan, equivalent to $7.36 billion, comfortably beating the 45.12 billion …

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Tencent Posts Better-than-expected 47% Profit Surge As Games, AI …

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Tencent reported profit attributable to shareholders surged by 47% year-on-year to 53.23 billion yuan ($7.37 billion) in the third quarter, compared with an LSEG estimate of 46.18 billion yuan …

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Tencent Profit Momentum Continues On Gaming Strength - WSJ

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4 days ago  · Tencent Holdings 700-0.10%decrease; red down pointing triangle sustained its earnings growth momentum in the third quarter, with the core gaming business delivering …

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Tencent Surpasses Q3 Expectations With Strong Profit Growth

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4 days ago  · China-based Tencent Holdings Limited (HK:0700) (TCEHY) delivered strong profit growth in Q3, surpassing analysts’ expectations. The company’s net profit soared 47% year …

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Tencent's Profit Soars 47% In Q3, Revenue Misses Expectations

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4 days ago  · Investing.com -- Tencent Holdings Ltd (HK: 0700) reported stronger-than-expected profit growth for the third quarter, driven by gains in its gaming, advertising, and cloud …

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TENCENT ANNOUNCES 2023 THIRD QUARTER RESULTS

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Revenues: +10% YoY, non-IFRS1 profit attributable to equity holders of the Company: +39% YoY. Total revenues were RMB154.6 billion (USD21.5 billion2), an increase of 10% over the …

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Tencent's Q3 Revenue Grows As Gaming Unit Gains Momentum

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On an IFRS basis, profit attributable to equity holders of the company surged 47% year-over year to RMB53.2B ($7.6B), exceeding expectations of RMB45.3B, according to estimates by …

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Tencent's Q3 Revenue Grows As Gaming Unit Gains Momentum

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4 days ago  · Tencent's third quarter revenue surged 8%, with strong growth in gaming. ... profit attributable to equity holders of the company surged 47% year-over year to RMB53.2B …

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Tencent's Profit Soars 47% In Q3, Revenue Misses Expectations

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4 days ago  · 0700. 0.00%. Investing.com -- Tencent Holdings Ltd (HK: 0700) reported stronger-than-expected profit growth for the third quarter, driven by gains in its gaming, advertising, and …

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Tencent's Profit Soars 47% In Q3, Revenue Misses Expectations

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4 days ago  · Investing.com -- Tencent Holdings Ltd (HK: 0700) reported stronger-than-expected profit growth for the third quarter, driven by gains in its gaming, advertising, and cloud …

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Tencent's Third-Quarter Profit Surged 47%, Beating Expectations

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4 days ago  · Some analysts have said the move could benefit Tencent's commercial payment. The Shenzhen-based company's gross margin was 53% in the third quarter, driven by its …

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TENCH Stock Price Quote | Morningstar

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3 days ago  · Tencent's Third-Quarter Profit Surged 47%, Beating Expectations. Global News Select Nov 13, 2024 9:05am. Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia.

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Tencent's Third-Quarter Profit Surged 47%, Beating Expectations

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4 days ago  · By Sherry Qin Tencent Holdings continued its growth momentum in the third quarter, with its core gaming business delivering strong results as the Chinese technology giant …

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Tencent's Third-Quarter Profit Surged 47%, Beating Expectations

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4 days ago  · By Sherry Qin Tencent Holdings continued its growth momentum in the third quarter, with its core gaming business delivering strong results as the Chinese technology giant …

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FAQs about Tencent's Third-Quarter Profit Surged 47%, Beating Expectations Coupon?

How did Tencent perform in the third quarter?

Tencent reported profit attributable to shareholders of 53.23 billion yuan ($7.37 billion) in the third quarter, compared with a LSEG estimate of 46.18 billion yuan over the period. The company's revenue came in at 167.19 billion yuan, short of the 167.82 billion yuan analyst forecast. This breaking news story is being updated. ...

Did Tencent beat analyst estimates in third quarter?

Tencent Holdings, operator of China's biggest social media app and the world's largest video gaming business by revenue, beat analyst estimates with a 47 per cent profit jump in the third quarter, helped by renewed growth in the video gaming segment. ...

How did Tencent's third quarter revenue perform?

Tencent's (OTCPK:TCEHY) (OTCPK:TCTZF) third quarter revenue grew 8% year-over-year as recovery in its gaming business gained speed. Total revenues for Tencent — a video game company and operator of WeChat messaging service — amounted to RMB167.2B ($23.9B), largely in line with estimates. ...

How much money did Tencent make a year?

Total revenues for Tencent — a video game company and operator of WeChat messaging service — amounted to RMB167.2B ($23.9B), largely in line with estimates. On an IFRS basis, profit attributable to equity holders of the company surged 47% year-over year to RMB53.2B ($7.6B), exceeding expectations of RMB45.3B, according to estimates by Bloomberg. ...

How did T Encent holdings perform in the third quarter?

T encent Holdings continued its growth momentum in the third quarter, with its core gaming business delivering strong results as the Chinese technology giant contended with a cooling economy. ...

How did Tencent perform in the third quarter of 2024?

"During the third quarter of 2024, we delivered robust revenue growth in our games business, underpinned by consistent performance of evergreen games globally and contributions from new games with evergreen potential," said Tencent founder and CEO Pony Ma Huateng. Robust video game sales boosted Tencent's latest quarterly earnings. ...

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