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Tencent Music Entertainment Q4 Earnings Rise, Revenue Down
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Tencent Music Entertainment Q4 Earnings Rise, Revenue Down
Mar 19, 2024 3:26 AM

05:57 AM EDT, 03/19/2024 (MT Newswires) -- Tencent Music Entertainment ( TME ) reported Q4 earnings Tuesday of 0.83 Chinese renminbi ($0.12) per diluted American depositary share, up from 0.72 renminbi a year earlier.

Four analysts polled by Capital IQ expected 0.79 renminbi.

Revenue for the quarter ended Dec. 31 was 6.89 billion renminbi, down from 7.43 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 6.69 billion renminbi.

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