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Tencent Music Entertainment Group (TME.N)

TME.N on New York Stock Exchange

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15 Jul 2019
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Latest Key Developments (Source: Significant Developments)

T Rowe Price Associates Inc Reports 19.1% Passive Stake In Tencent Music Entertainment Group
Wednesday, 10 Jul 2019 12:33pm EDT 

July 10 (Reuters) - Tencent Music Entertainment Group ::T ROWE PRICE ASSOCIATES INC REPORTS 19.1% PASSIVE STAKE IN TENCENT MUSIC ENTERTAINMENT GROUP AS OF JUNE 30 - SEC FILING.  Full Article

Tencent Music Entertainment Reports Q4 Revenue Of RMB 5.4 Billion
Tuesday, 19 Mar 2019 04:30pm EDT 

March 19 (Reuters) - Tencent Music Entertainment Group ::ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018 UNAUDITED FINANCIAL RESULTS.Q4 REVENUE RMB 5.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF RMB 5.28 BILLION.QTRLY MOBILE MAU - ONLINE MUSIC OF 644 MILLION VERSUS 603 MILLION.QTRLY LOSS PER AMERICAN DEPOSITARY SHARES WAS RMB0.56 (US$0.08).QTRLY MOBILE MAU - SOCIAL ENTERTAINMENT OF 228 MILLION VERSUS 209 MILLION.TENCENT MUSIC ENTERTAINMENT - QTRLY NET LOSS RMB876 MILLION MOSTLY DUE TO ONE-OFF RMB1.52 BILLION SHARE-BASED ACCOUNTING CHARGE RELATED TO EQUITY ISSUANCE.QTRLY PAYING USERS - ONLINE MUSIC 27.0 MILLION VERSUS 19.4 MILLION.QTRLY PAYING USERS - SOCIAL ENTERTAINMENT 10.2 MILLION VERSUS 8.3 MILLION.ONE-OFF RMB1.52 BILLION SHARE-BASED ACCOUNTING CHARGE IN QUARTER RELATED TO EQUITY ISSUANCE TO WARNER MUSIC AND SONY MUSIC.QTRLY NON-IFRS RMB0.57 (US$0.08) EARNINGS PER ADS.QTRLY MONTHLY ARPPU - ONLINE MUSIC RMB 8.6 VERSUS RMB 8.7.QTRLY MONTHLY ARPPU - SOCIAL ENTERTAINMENT RMB 126.7 VERSUS RMB 101.9.Q4 EARNINGS PER SHARE VIEW CNY 0.56, REVENUE VIEW CNY 5.29 BILLION -- REFINITIV IBES DATA.AS OF DEC. 31, 2018, CO'S MUSIC LIBRARY INCLUDED OVER 30 MILLION TRACKS FROM DOMESTIC AND INTERNATIONAL MUSIC LABELS.REVENUES FROM ONLINE MUSIC SERVICES FOR Q4 OF 2018 INCREASED BY 45.0% TO RMB1.52 BILLION (US$221 MILLION).TENCENT MUSIC ENTERTAINMENT - REVENUES FROM SOCIAL ENTERTAINMENT SERVICES AND OTHERS FOR Q4 OF 2018 INCREASED BY 52.8% TO RMB3.88 BILLION (US$564 MILLION).  Full Article