China’s Tencent meets expectations with fourth-quarter results as AI wave lifts all boats

2026.03.18 09:20 A man walks past the Tencent headquarters in Shenzhen, in China’s southern Guangdong province. Photo: AFP Tencent Holdings’s net income stayed largely in line with analyst expectations in the fourth quarter of 2025, registering a 17 per cent jump amid an artificial intelligence boom that is reshaping the global economy and fuelling a frenzy in China. The tech giant’s quarterly profits reached 64.7 billion yuan (US$9.4 billion) on a non-IFRS basis, just shy of analysts’ estimates of 64.9 billion yuan. Total sales reached 194.4 billion yuan for the quarter, a year-on-year increase of 13 per cent, slightly ahead of analysts’ forecasts of 194.1 billion yuan, according to a Bloomberg poll. The quarterly performance contributed to a profit of 259.6 billion yuan for the company in 2025, 17 per cent higher than the year before, while annual sales grew 14 per cent to 751.8 billion yuan, hewing close to analysts’ estimates. 获取更多RSS： https://feedx.net https://feedx.site

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