Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Guangdong-Hong Kong-Macau Greater Bay Area for the clue delivery! CTOnews.com August 17 news, Tencent today released second-quarter results. According to the financial report, the company's second-quarter revenue was 134 billion yuan, down 3% from the same period last year, and net profit was 18.6 billion yuan, down 56% from the same period last year. Under non-international financial reporting standards, net profit was 28.1 billion yuan, down 17% from the same period last year.

In a conference call after the release of Tencent's second-quarter results, Tencent executives said that Tencent is currently implementing cost control measures, there is still room for further reduction in costs, and the number of people and compensation will be further optimized in the future. The company expects that the effect of cost control will be further reflected in the second half of this year, and believes that revenue growth will resume in the coming quarters, even if game revenue remains as it is.

According to the financial report, Tencent had 110715 employees as of June 30, 2022, compared with 94182 in the same period last year, while the total salary cost in the six months to June 30 this year was 56.779 billion yuan, compared with 44.388 billion yuan in the same period last year. Based on this, it is estimated that the average monthly salary of Tencent employees in the first half of 2022 was 85473.21 yuan.

In addition, Tencent executives also stressed that game revenue growth is not a prerequisite for profit growth.

According to the financial report, revenue in the quarter was 134 billion yuan, down 3% from the same period last year, and net profit was 18.6 billion yuan, down 56% from the same period last year. Under non-international financial reporting standards, net profit was 28.1 billion yuan, down 17% from the same period last year.

As of June 30, 2022, Wechat and WeChat had 1.299 billion monthly active users, up 3.8 per cent from a year earlier. Digital tools in Wechat ecology have led to a large number of jobs and entrepreneurship. In 2021, the number of jobs derived from Wechat ecology reached 46.18 million, an increase of 25.4 percent over the same period last year.

As of June 30, 2022, the Group had 110715 employees, compared with 94182 in the same period last year.

Tencent said in its financial report that it actively withdrew from non-core businesses during the second quarter, tightened marketing expenses, cut operating expenses, and achieved month-on-month growth in non-IFRS earnings under pressure on revenue.

Tencent also said it will continue to increase its R & D investment. CTOnews.com learned that Tencent's R & D investment reached 15.01 billion yuan in the second quarter, an increase of 17% over the same period last year. In the first half of the year, Tencent's R & D investment reached 30.4 billion yuan, an increase of 26% over the same period last year. Since 2019, Tencent has invested more than 151.6 billion yuan in research and development.

"Tencent's net profit of 18.6 billion yuan in the second quarter of 2022 fell 56% from a year earlier, and the number of monthly active users of Wechat and WeChat was 1.299 billion."

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.