Tencent Music Entertainment's (HKG:1698) attributable profit rose 50% to 1.96 billion yuan in the fourth quarter of 2024 from 1.31 billion yuan in the year-ago period, according to a Tuesday filing with the Hong Kong bourse.
Earnings per share at the online music rose to 0.63 yuan from 0.42 yuan in the previous year, while earnings per ADS jumped to 1.26 yuan from 0.83 yuan a year earlier.
Revenue grew 8.2% to 7.46 billion yuan from 6.89 billion yuan a year earlier.
The company declared a final dividend of $0.09 per ordinary share or $0.18 per American depositary share, payable April 17 to ordinary shareholders and on April 24 to ADS holders on record as of April 3.
TME also launched a 24-month share buyback program for up to $1 billion beginning in March.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。