Tencent: Online Advertising and High-Margin Businesses Support Earnings

⬆ $Tencent(00700)$ - Tencent's 1Q earnings beat consensus. Though online games declined there were signs of recovery. Online ad saw strong growth despite 1Q being seasonally weak. High-margin biz's have supported margins.


Continue reading on Smartkarma:- https://www.smartkarma.com/insights/tencent-online-advertising-and-high-margin-businesses-support-earnings?utm_source=tiger_community

By Shifara Samsudeen, ACMA, CGMA, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/shifara-samsudeen-acma-cgma?utm_source=tiger_community

On Tencent (00700):- https://www.smartkarma.com/entities/tencent-holdings-ltd?utm_source=tiger_community

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