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Stock impact report

Tencent Music Entertainment Group (TME) Q3 2024 Earnings Call Highlights: Strong Growth in ... [Yahoo! Finance]

Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME) 
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Music Subscription Revenue: RMB3.8 billion, up 20% year over year. Net Profit (IFRS): RMB1.7 billion, increased by 35% year over year. Net Profit (Non-IFRS): RMB1.9 billion, increased by 29% year over year. Gross Margin: 42.6%, up 6.9 percentage points year over year. Online Music Paying Users: 119 million, up 16% year over year. Monthly ARPPU: RMB10.8, up 5% from the same period last year. SVIP Members: Surpassed 10 million. Operating Expenses: RMB1.2 billion, representing 17.4% of total revenues. Cash and Equivalents: RMB36 billion as of September 30, 2024. Diluted Earnings per ADS (IFRS): RMB1.01, up 36% year over year. Diluted Earnings per ADS (Non-IFRS): RMB1.16, up 30% year over year. Warning! GuruFocus has detected 4 Warning Signs with TME. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Tencent Music Entertainment Group ( NYSE:TME ) reported a 20% year-over-year gro Show less Read more
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