Tencent reports 23 pct revenue growth in H1

Tencent reports 23 pct revenue growth in H1

In the second quarter (Q2) of this year alone, the companys game revenue increased by 12 percent to 43 billion yuan.


In H1, the company raked in approximately 273.56 billion yuan (about 42.24 billion U.S. dollars), representing a net profit of 90.35 billion yuan, an increase of 46 percent from the same period in 2022.

Additionally, its revenues from social networks and fintech and enterprise services, respectively, reached 29 billion yuan and 41.9 billion yuan in Q2, up 9 percent and 40 percent year on year.

File photo/Zhang Jian (NBD)

Chinese internet giant Tencent posted a robust growth of 23 percent in revenue for the first half (H1) of this year, according to a corporate announcement Wednesday.