bullish

Tencent

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

308 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.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top Quartile
Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
x