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<Results>TENCENT 1-3Q NP Grows 62% YoY to RMB142.75B; Non-IFRS NP Up 46%
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TENCENT (00700.HK) announced its results for the first three quarters ended September 2024, with turnover of RMB487.811 billion, up 7% YoY. It recorded a net profit of RMB142.749 billion, up 62% YoY, with an EPS of RMB15.346.

TENCENT's non-IFRS net profit for the first three quarters was RMB167.391 billion, up 46% YoY, with non-IFRS EPS of RMB17.995.

Related NewsCICC Suggests Overweight IT/ Internet Growth/ Some Consumers, Neutral on Energy/ Finance w/ Cloudy Outlook for HK Stocks Next Yr
During the three months ended 30 September 2024, the Company repurchased a total of 94.8974 million shares on the Stock Exchange for an aggregate consideration of approximately HKD35.9 billion. The repurchased shares were subsequently cancelled. The repurchase was effected for the enhancement of shareholder value in the long term.
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