Tencent Music (TME) Misses Q1 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- Nasdaq futures lead Wall St gains as oil retreat eases inflation worries
- Oil prices set for weekly fall on easing fears over Saudi supply disruption
- The Fed is hiking. Why isn't UBS worried about stocks?
- Wall Street on Fed rate hike: 'As hawkish as it gets'
- RBC bullish on Kraft Heinz, sees return to growth in 2027
Tencent Music Entertainment Group Announces First Quarter 2022 Unaudited Financial Results
May 16, 2022 4:05 PM EDTSHENZHEN, China, May 16, 2022 /PRNewswire/ --Â 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 first quarter ended March 31, 2022.
Financial and Operational Highlights
In the three months ended March 31, 2022:
Net profit of the Company was RMB649 million (US$102 million). Non-IFRS net profit of the Company[1] was RMB939 million (US$148 million), representing a 7.6% increase on a sequential basis.Total revenues were RMB6.64 billion (US$1.05... More