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Mar 22, 2023 · Future growth drivers. Executed efficiency initiatives to improve margins and promote earnings quality. Encouraging progress in revenue initiatives (e.g., Video Accounts in-feed ads and international games) to develop new, high-quality revenue streams.
While 2020 was an unprecedentedly challenging year, we believe our solid operational and financial results testify to our focus on user value and technology innovation. Below are some highlights from our key products and business lines:
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Financial Highlights. Starting 3Q21, we disclose revenue from Domestic Games and International Games as new sub-segments under VAS, reflecting the increasing scale of our international games business. For the purpose of preparing financial and operating information, Domestic Games refers to our games business in the PRC excluding the Hong Kong ...
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Mar 23, 2022 · As a percentage of revenues, cost of revenues increased to 60% for the fourth quarter of 2021 from 56% for the fourth quarter of 2020, reflecting costs growing faster than revenues in certain businesses and our continued investment in key strategic areas.
Review the latest annual and interim financial reports for a clear view of our business and financial performance
4 days ago · Highlights: Tencent Holdings Limited. Before interest, taxes, depreciation and amortization, the company's margins are particularly high. Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Mar 23, 2022 · Tencent reported Q4 financial results after the Hong Kong close. 2021 was described as a “challenging year” while the industry is going through an evolution, having focused on “zero-sum...
