Tencent Holdings released its first quarter earnings report: revenue of 159.5 billion yuan (52.3 billion for fintech and enterprise services, 34.5 billion for local games, 13.6 billion for international games, 30.5 billion for social networks, 26.5 billion for online advertising, and 2.1 billion for others), an increase of 6% over the previous year. Ma Huateng said in the financial report that total game turnover grew in the first quarter of this year, laying the foundation for game revenue to resume growth in the next few quarters. Since the second half of 2022, Tencent has achieved six consecutive quarters where both operating profit and gross profit growth rates have surpassed revenue growth.