Tencent Music (TME) Tops Q2 EPS by RMB0.08

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Go back to Tencent Music (TME) Tops Q2 EPS by RMB0.08

Tencent Music Entertainment Group Announces Second Quarter 2022 Unaudited Financial Results

August 15, 2022 4:05 PM EDT

SHENZHEN, China, Aug. 15, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Financial and Operational Highlights

In the three months ended June 30, 2022:

Net profit of the Company was RMB892 million (US$133 million). Non-IFRS net profit of the Company[1] was RMB1.07 billion (US$159 million), representing an 8.3% decrease year-over-year... More