Tencent (700 HK): 1Q24, Highest Margin in Seven Years
⬆ $Tencent(00700)$ - The operating margin in 1Q24 reached the highest since 2Q16, as the gross margins of all businesses improved. The growth rate of online advertising is high than our estimate.
Continue reading on Smartkarma:- https://www.smartkarma.com/insights/tencent-700-hk-1q24-highest-margin-in-seven-years?utm_source=tiger_community
By Ming Lu, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/ming-lu?utm_source=tiger_community
On Tencent (00700):- https://www.smartkarma.com/entities/tencent-holdings-ltd?utm_source=tiger_community
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