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    News: 2024.03.20

    Finance|Tencent’s fourth-quarter profit fell by 75%, final dividend was 3.4 yuan

    Tencent (00700) announced its quarterly results as of the end of last year. Profit fell 75% year-on-year to 27 billion yuan (the same below), and adjusted profit increased 44% year-on-year to 42.68 billion yuan (the same below). The final dividend is 3.4 yuan per share.

    Tencent fourth quarter financial report analysis

    According to the fourth quarter financial report released by Tencent (00700), the company's profit fell by 75% year-on-year in the quarter ended last year, reaching 27 billion yuan. However, adjusted profits increased by 44% year-on-year to 42.68 billion yuan. This shows that the company can respond flexibly to market changes and maintain good operating conditions.

    Final dividend is 3.4 yuan per share

    In addition, Tencent (00700) also announced a final dividend of 3.4 yuan per share in its financial report. This means that the company's returns to shareholders remain stable and it is expected to continue to provide stable dividend income in the future.

    Market reaction to Tencent’s earnings report

    After the financial report of Tencent (00700) was released, the market gave a positive evaluation to the company's performance. Investors are satisfied with the company's adjusted earnings growth and believe that the company has the ability to cope with market challenges and maintain steady growth.

    Looking to the future

    Looking to the future, Tencent (00700) will continue to strive to improve business performance, expand market share, and create greater value for shareholders. The company will pay close attention to market changes and adjust strategies in a timely manner to ensure sustained and healthy development.