Tencent Music Entertainment Group - ADR

NYSE:TME   3:59:59 PM EDT
3.74
+0.07 (+1.91%)
: $3.87 +0.13 (+3.48%)
Exchange Changes, Earnings Announcements

Tencent Music Entertainment Group Says Fourth Quarter Revenue Fell 8.7%

Published: 03/21/2022 20:19 GMT
Tencent Music Entertainment Group - ADR (TME) - Announces Fourth Quarter and Full Year 2021 Unaudited Financial Results.
Q4 Revenue Fell 8.7 Percent to Rmb 7.61 Billion.
Qtrly Mobile Mau - Online Music 615 Million Versus 622 Million.
Basic, Diluted Earnings per Ads Were Rmb0.33(us$0.05) and Rmb0.32(us$0.05), Respectively, for Q4 of 2021.
Pursuing a Secondary Listing on Main Board of Hong Kong Stock Exchange Through a Listing by Way of Introduction.
Non-ifrs Basic, Diluted Earnings per Ads Were Rmb0.51(us$0.08) and Rmb0.50(us$0.08), Respectively, for Q4 of 2021.
Qtrly Paying Users - Online Music 76.2 Million Versus 56.0 Million.
Will Continuously Expand Content Production, Licensing, Operation, Promotion, and Monetization Efforts.
Qtrly Paying Users - Social Entertainment 9.0 Million Versus 10.8 Million.
Revenues From Online Music Services for Q4 of 2021 Increased by 4.3% to Rmb2.88 Billion.
Revenues From Social Entertainment Services and Others for Q4 of 2021 Decreased by 15.2% to Rmb4.73 Billion.
Q4 Earnings per Share View Cny 0.50, Revenue View Cny 7.61 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $994.37 Million
Adjusted EPS is expected to be $0.07

Next Quarter Revenue Guidance is expected to be $1.05 Billion
Next Quarter EPS Guidance is expected to be $0.06

More details on our Analysts Page.