Tencent financial report: enterprise service income gross profit double rise, health and sustainable strategy has achieved remarkable results.
On May 17, Tencent released its Q1 performance report for 2023. The business revenue of "financial technology and enterprise services" was 48.7 billion yuan, accounting for 32% of the total revenue, among which the enterprise service income and gross profit rose double, and the cloud business recovered steadily after adjustment. This means that Tencent Cloud (Cloud) has achieved remarkable results in implementing a healthy and sustainable strategy for more than one year, and the strategic transformation has been basically completed. For more than a year, Tencent Cloud has focused on improving the competitiveness of internally-developed products/in-house products and releasing technical dividends. At the same time, actively develop partner ecology and encourage product integration.
