Tencent Holdings Ltd (HKSE:00700)
HK$ 428.4 8.6 (2.05%) Market Cap: 3.93 Tn Enterprise Value: 3.85 Tn PE Ratio: 24.85 PB Ratio: 4.28 GF Score: 91/100
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Q1 2020 Tencent Holdings Ltd Earnings Call Transcript

May 13, 2020 / 12:00PM GMT
Release Date Price: HK$396.03 (-0.32%)
Operator

Ladies and gentlemen, thank you for standing by and welcome to the Tencent Holdings Limited 2020 First Quarter Result Announcement Call. (Operator Instructions)

Please be advised that today's conference is being recorded.

I will pass the call to [Wendy Huang] from Tencent IR team. Thank you. Please go ahead.

Unidentified Company Representative

Good evening. Welcome to our 2020 first quarter results conference call. Before we start the presentation, we would like to remind you that it includes forward-looking statements, which are underlined by a number of risks and uncertainties and may not be realized in the future for various reasons. Information about general market conditions is coming from a variety of sources outside of Tencent.

This presentation also contains some unaudited non-IFRS financial measures that should be considered in addition to, but not as a substitute for, measures of the company's financial performance prepared in accordance with IFRS.

Non-IFRS measures are intended to reflect our core earnings by excluding

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