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Tencent (TCEHY) Q2 2023 Earnings Call Transcript

The Motley Fool

Welcome to Tencent Holdings Limited 2023 second-quarter results announcement webinar. Operator instructions] And please be advised that today's webinar is being recorded. It also results in more competitive bidding inventory that we were previously selling, which is again, higher price translates into higher margins.

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Vale (VALE) Q1 2024 Earnings Call Transcript

The Motley Fool

This helps dilute fixed costs, particularly as we have excess logistics capacity while capital intensity is very low, which implies a very healthy return on invested capital. As we pointed out last quarter, we will present the key findings and action plan of the asset review in our webinar to be scheduled for June this year.