Tencent Music Entertainment Group (TME) announced earnings for first quarter that Drops, from last year
The company's earnings totaled RMB2.091 billion, or RMB1.34 per share. This compares with RMB4.291 billion, or RMB2.77 per share, last year.
Excluding items, Tencent Music Entertainment Group reported adjusted earnings of RMB2.273 billion or RMB1.46 per share for the period.
The company's revenue for the period rose 7.3% to RMB7.895 billion from RMB7.356 billion last year.
Tencent Music Entertainment Group earnings at a glance (GAAP) :
-Earnings: RMB2.091 Bln. vs. RMB4.291 Bln. last year.-EPS: RMB1.34 vs. RMB2.77 last year.-Revenue: RMB7.895 Bln vs. RMB7.356 Bln last year.
For comments and feedback contact: editorial@rttnews.com
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.