tothehill
03-18

$TENCENT(00700)$ is about to unveil its highly anticipated fourth-quarter 2024 results on Wednesday—and the excitement is palpable! Multiple analysts are forecasting a jaw-dropping 64.5% year-on-year surge in net profit to 44.46 billion yuan (around 6.15 billion USD), signaling that Tencent is roaring back to growth at an incredible pace.

Even more thrilling, adjusted net income is expected to rise by a solid 25%, reaching 53.38 billion yuan! With strong gaming and advertising revenue, fourth-quarter revenue is projected to grow by 9.0%, hitting 169.15 billion yuan.

Tencent is marching confidently toward an even brighter future, continuing to deliver amazing surprises for us. With such a powerful earnings report just around the corner, who can doubt Tencent’s limitless potential? This stock market star is still one to watch closely!

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