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Tencent: To Focus on Enhancing Efficiency, Launching New Revenue Initiatives

Aug 17, 2022 05:08
  • $TENCENT(00700.HK)$ 2Q Rev CNY134.03B Vs. CNY138.26B, down 3%.

  • Tencent Holdings 2Q Net CNY18.62B Vs. Net CNY42.59B

  • Tencent 1H Non-IFRS Earnings Erode 20% to RMB53.68B, Beating Forecast

  • Tencent: To Focus on Enhancing Efficiency, Launching New Revenue Initiatives

Financial Highlights

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Tencent IR

Segment

  • Tencent: 2Q Domestic Games Revenues Fell 1% on Year to CNY31.8B >0700.HK

  • Tencent: 2Q Online Advertising Revenue Fell 18% to CNY18.6B

  • Tencent: 2Q Revenue From Fintech & Business Services Rose 1% to CNY42.2B

  • Tencent: Commercial Payment Volume Resumed High-Teens On-Year Growth in June

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Tencent IR

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