Previous Close | 404.200 |
Open | 406.600 |
Bid | 406.800 x 0 |
Ask | 406.400 x 0 |
Day's Range | 403.400 - 409.000 |
52 Week Range | 260.200 - 482.400 |
Volume | |
Avg. Volume | 22,997,798 |
Market Cap | 3.731T |
Beta (5Y Monthly) | 0.55 |
PE Ratio (TTM) | 23.70 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 3.40 (0.84%) |
Ex-Dividend Date | May 17, 2024 |
1y Target Est | N/A |
The investor—which owns a 26% stake in Tencent—forecast higher headline earnings for its first half and said it expects sustained growth, with a focus on AI and technology.
On a generally gloomy Thursday for the stock market, Tencent Holdings (OTC: TCEHY) was something of a standout. Tencent reported its third-quarter results after market hours on Wednesday, revealing that it managed to grow revenue by 8% year over year in the period to over 167 billion yuan ($23.1 billion). International Financial Reporting Standards (IFRS) net income saw a more impressive leap, rising by 47% to 53.2 billion yuan ($7.4 billion).