Tencent's Financial Triumph in Q4 2024

Tencent Holdings Ltd. has proudly announced a significant 11% increase in its total revenues for the fourth quarter of fiscal 2024, reaching an impressive $24 billion (172.4 billion yuan). This growth is a testament to the company's robust performance and strategic advancements.

Yearly Financial Highlights

Comparing the fiscal year 2024 to the previous year, Tencent's total revenues experienced an 8% rise, culminating in $91.9 billion. Notably, the non-IFRS operating profit and diluted earnings per share saw remarkable increases of 24% and 44%, respectively, showcasing the company's financial health and operational efficiency.

CEO's Insight on Growth

"Our strategic focus on AI-powered advertising enhancements, increased engagement in Video Accounts, and the sustained popularity of our evergreen games have been pivotal in achieving double-digit revenue growth. This success underscores our commitment to innovation and operational excellence," stated CEO Ma Huateng, reflecting on the company's achievements in Q4 2024.