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<Foresight>M Stanley's 2Q Results Forecasts for TENCENT (Table)
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29
Positive
26
Negative
21
Results Item│2Q25 Forecast│ YoY Change
Total revenue│RMB179.018 billion│+11.1%
Value-added services revenue│ RMB88.007 billion│+11.7%
Online advertising revenue│ RMB35.248 billion│+18%
Fintech & business services revenue│ RMB53.72 billion│+6.5%
Other revenue│ RMB2.044 billion│+3%
Gross profit│ RMB98.314 billion│+14.5%
Gross profit margin│54.9%│+1.6 ppts
Net profit│ RMB52.49 billion│+10.2%
Non-IFRS net profit│ RMB62.367 billion│+8.8%

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