Tencent Music Entertainment Group - ADR

NYSE:TME   3:59:59 PM EDT
16.76
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Other Pre-Announcement

Tencent Reports Q3 2020 Unaudited Financial Results

Published: 11/10/2020 21:18 GMT
Tencent Music Entertainment Group (TME) - Announces Third Quarter 2020 Unaudited Financial Results.
Q3 Revenue Rmb 7.58 Billion Versus Refinitiv Ibes Estimate of Rmb 7.8 Billion.
Revenues From Online Music Services for Q3 of 2020 Increased by 25.9% to Rmb2.32 Billion (us$342 Million).
Qtrly Online Music Paying Users Reached 51.7 Million, Increasing by 46% Year-over-year.
Tencent Music Entertainment - Revenues From Social Entertainment Services and Others for Q3 of 2020 Increased by 12.7% to Rmb5.25 Billion (us$773 Million).
Qtrly Basic and Diluted Earnings per Ads Were Rmb0.68 and Rmb0.67.
Qtrly Mobile Mau Online Music 646 Million Versus 661 Million.
Qtrly Non-ifrs Basic and Diluted Earnings per Ads Were Rmb0.81 and Rmb0.80.
Qtrly Paying Users Online Music 51.7 Million Versus 35.4 Million.
Qtrly Paying Users Social Entertainment 10.5 Million Versus 12.3 Million.
Q3 Earnings per Share View Cny 0.71 -- Refinitiv Ibes Data (analyst estimates).