AFP – Chinese Internet giant Tencent yesterday announced an 82-per-cent surge in second-quarter net profit, its biggest jump since late 2020.
The Shenzhen-based company said in a filing to the Hong Kong stock exchange that net profit hit USD6.7 billion in April-June, compared with USD3.7 billion in the same period last year.
Its sales rose by eight per cent year-on-year to USD22.5 billion.
“Our second quarter 2024 results demonstrated the strengths of our platform plus content strategy,” the firm said in the filing.
“Looking forward, we continue to invest in our platforms and technologies including artificial intelligence, to create new business value.”
