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Tencent Music Entertainment Group Announces First Quarter 2020 Unaudited Financial Results
In the three months ended March 31, 2020:
Online music paying users grew 50.4% year-over-year to 42.7 million, and its ARPPU increased by 13.3% year-over-year.
Total revenues were RMB6.31 billion (US$891 million), an increase of 10.0% year-over-year, within which online music subscription revenues grew by 70.0% year-over-year to RMB1.21 billion (US$170 million).
Net profit attributable to equity holders of the Company was RMB887 million (US$125 million).
Non-IFRS net profit attributable to equity holders of the Company[1] was RMB1.10 billion (US$156 million).
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https://finance.yahoo.com/news/tencent-m...00753.html
![[Bild: TMEc1dl0455.png]](https://finviz.com/publish/051220/TMEc1dl0455.png)
In the three months ended March 31, 2020:
Online music paying users grew 50.4% year-over-year to 42.7 million, and its ARPPU increased by 13.3% year-over-year.
Total revenues were RMB6.31 billion (US$891 million), an increase of 10.0% year-over-year, within which online music subscription revenues grew by 70.0% year-over-year to RMB1.21 billion (US$170 million).
Net profit attributable to equity holders of the Company was RMB887 million (US$125 million).
Non-IFRS net profit attributable to equity holders of the Company[1] was RMB1.10 billion (US$156 million).
...
https://finance.yahoo.com/news/tencent-m...00753.html
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