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Tencent Music Entertainment Group Q2 Earnings Rise, Revenue Falls
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Tencent Music Entertainment Group Q2 Earnings Rise, Revenue Falls
Aug 13, 2024 2:40 AM

05:27 AM EDT, 08/13/2024 (MT Newswires) -- Tencent Music Entertainment Group ( TME ) reported Q2 earnings Tuesday of 1.07 renminbi ($0.15) per diluted American depositary share, up from 0.82 renminbi a year earlier.

Four analysts polled by Capital IQ expected 0.99 renminbi.

Revenue for the quarter ended June 30 was 7.16 billion renminbi, down from 7.29 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 7.14 billion renminbi.

Price: 13.41, Change: +0.28, Percent Change: +2.13

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