bullish

Tencent

Tencent (700 HK): 1Q23, Significant Improvements in Growth and Margin

312 Views18 May 2023 03:39
In 1Q23, the revenue growth rose significantly to 11% YoY. The operating margin also improved significantly to 24% in 1Q23 versus 17% in 1Q22. We set an upside of 28% for yearend 2023.
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Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
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