Tencent Music Entertainment's Q3 Non-IFRS Earnings, Revenue Increase

MT Newswires Live

2024/11/12

Tencent Music Entertainment Group (TME) reported Q3 non-IFRS earnings Tuesday of 1.16 Chinese renminbi ($0.16) per diluted American depositary share, up from 0.89 renminbi a year earlier.

Analysts polled by Capital IQ expected $1.19.

Revenue for the quarter ended Sept. 30 was 7.02 billion renminbi, up from 6.57 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 6.99 billion renminbi.

Price: 11.62, Change: +0.07, Percent Change: +0.61

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