Updated Mar 21, 2026 by Tencent
Tencent’s profit attributable to equity holders surged 82% year-on-year to RMB 47.6 billion for the six months ended 30 June 2024.
Revenue grew 8% to RMB 161.1 billion, while non-IFRS profit increased 53% to RMB 57.3 billion.
Gross profit rose 21% to RMB 85.9 billion, driving the gross margin up to 53% from 47% in the prior-year period.
Profitability improvements were driven by higher monetization across gaming, digital content, and cloud services in both domestic and international markets.
Operating cash flow reached RMB 126.5 billion, supporting a strengthened balance sheet with total assets of RMB 1.655 trillion.
Financing activities resulted in a net outflow of RMB 99.8 billion, primarily attributed to significant share repurchases.
Tencent’s profit attributable to equity holders surged 82% year-on-year to RMB 47.6 billion for the six months ended 30 June 2024.
Revenue grew 8% to RMB 161.1 billion, while non-IFRS profit increased 53% to RMB 57.3 billion.
Gross profit rose 21% to RMB 85.9 billion, driving the gross margin up to 53% from 47% in the prior-year period.
Profitability improvements were driven by higher monetization across gaming, digital content, and cloud services in both domestic and international markets.
Operating cash flow reached RMB 126.5 billion, supporting a strengthened balance sheet with total assets of RMB 1.655 trillion.
Financing activities resulted in a net outflow of RMB 99.8 billion, primarily attributed to significant share repurchases.