Revenue → Gross profit: $11.8BVAS → Revenue: $11.1BRevenue → Cost of revenue: $10.6BFinTech & Business → Revenue: $7.4BGross profit → Operating profit: $7.2BOperating profit → Net profit: $5.4BGross profit → Operating cost: $4.5BOnline advertising → Revenue: $3.7BOperating cost → Gen & admin: $3.5BOperating profit → Tax: $2.0BOperating cost → Sales & marketing: $1.1BInterest income → Net profit: $0.6BOthers → Revenue: $0.3BOther gains → Operating profit: $0.1BVAS: $11.1BRevenue: $22.4BOnline advertising: $3.7BFinTech & Business: $7.4BOthers: $0.3BCost of revenue: $10.6BGross profit: $11.8BOperating cost: $4.5BSales & marketing: $1.1BGen & admin: $3.5BInterest income: $0.6BNet profit: $6.0BOther gains: $0.1BOperating profit: $7.4BTax: $2.0Bcreated with SankeyArt.comVAS$11.1B-1% Y/YRevenue$22.4B-3% Y/YOnline advertising$3.7B26% Y/YFinTech & Business$7.4B7% Y/YOthers$0.3B110% Y/YCost of revenue$10.6B-8% Y/YGross profit$11.8B3% Y/YOperating cost$4.5B2% Y/YSales & marketing$1.1B7% Y/YGen & admin$3.5B1% Y/YInterest income$0.6BNet profit$6.0BOther gains$0.1B-32% Y/YOperating profit$7.4B33% Y/YTax$2.0B24% Y/YTencent Q1 FY24 Income Statement