Core Insights - Tencent Holdings reported first-quarter revenue of 180.02 billion RMB, exceeding the estimate of 175.6 billion RMB [1] - The company's net profit for the first quarter was 47.82 billion RMB, below the forecast of 51.69 billion RMB [1] - Adjusted net profit for the first quarter was 61.33 billion RMB, surpassing the estimate of 59.68 billion RMB [1] Financial Performance - First-quarter operating profit was 57.57 billion RMB, slightly below the expected 59.2 billion RMB [1] - Financial technology and enterprise services revenue reached 54.9 billion RMB, close to the estimate of 55.07 billion RMB [1] - Value-added services revenue was 92.1 billion RMB, exceeding the forecast of 87.35 billion RMB [1] Market Segments - Domestic gaming revenue for the first quarter was 42.9 billion RMB, higher than the expected 40.27 billion RMB [1] - Social network revenue amounted to 32.6 billion RMB, slightly above the estimate of 32.17 billion RMB [1] - Sales expenses were reported at 7.87 billion RMB, lower than the forecast of 8.95 billion RMB [1]
腾讯控股第一季度营收超过预估