Company Earnings UpdateTencent (HKEX: 0700) 2Q19 Results: Mixed Results, Growth in FinTech and Business Services in Challenging Ad Environment Coresight Research August 15, 2019 Executive Summary Tencent reported 2Q19 revenues of ¥88.82 billion (US$12.9 billion), up 20.6% year over year and below the ¥92.93 billion consensus estimate. Adjusted EPS was ¥2.46 (US$0.35), up 19.1% year over year and beating the ¥2.23 consensus estimate. Combined Weixin and WeChat monthly average users (MAU) were 1.1 billion, up 7.1% year over year and fee-based registered value-added service (VAS) subscriptions were 168.9 million, up 9.7% year over year. The new FinTech and Business services segment reported revenues of ¥22.9 billion (US$3.3 billion), up 37.3% year over year, driven by commercial payments and the cloud business. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: NRF 2026: Retail’s Big Show—Day 3—Agentic Commerce Expectations, Marketplace Best Practices and Disciplined Brand TransformationWeekly UK Store Openings and Closures Tracker 2025, Week 36: UK Sees 25% Fewer Closures Year Over YearSteadiness Continues: Weekly US Consumer Sentiment, Week 15, 2025—Infographic2026 Sector Outlook: Global and US Luxury Goods Retailing—Rebound Despite Challenges in Shopper Base
