Tencent Music Entertainment Group Gross Profit 2018-2023 | TME
Tencent Music Entertainment Group annual/quarterly gross profit history and growth rate from 2018 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Tencent Music Entertainment Group gross profit for the quarter ending September 30, 2023 was $0.321B, a 4.75% decline year-over-year.
- Tencent Music Entertainment Group gross profit for the twelve months ending September 30, 2023 was $1.369B, a 6.54% increase year-over-year.
- Tencent Music Entertainment Group annual gross profit for 2023 was $1.38B, a 5.86% increase from 2022.
- Tencent Music Entertainment Group annual gross profit for 2022 was $1.304B, a 10.56% decline from 2021.
- Tencent Music Entertainment Group annual gross profit for 2021 was $1.458B, a 8.14% increase from 2020.
Tencent Music Entertainment Group Annual Gross Profit
(Millions of US $) |
| 2023 |
$1,380 |
| 2022 |
$1,304 |
| 2021 |
$1,458 |
| 2020 |
$1,348 |
| 2019 |
$1,255 |
| 2018 |
$1,100 |
| 2017 |
$564 |
Tencent Music Entertainment Group Quarterly Gross Profit
(Millions of US $) |
| 2023-09-30 |
$321 |
| 2023-06-30 |
$345 |
| 2023-03-31 |
$337 |
| 2022-12-31 |
$366 |
| 2022-09-30 |
$337 |
| 2022-06-30 |
$308 |
| 2022-03-31 |
$293 |
| 2021-12-31 |
$347 |
| 2021-09-30 |
$358 |
| 2021-06-30 |
$377 |
| 2021-03-31 |
$376 |
| 2020-12-31 |
$400 |
| 2020-09-30 |
$362 |
| 2020-06-30 |
$307 |
| 2020-03-31 |
$279 |
| 2019-12-31 |
$360 |
| 2019-09-30 |
$309 |
| 2019-06-30 |
$283 |
| 2019-03-31 |
$303 |
| 2018-12-31 |
$785 |
| 2018-09-30 |
|
| 2017-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Content |
$20.181B |
$3.909B |
|
Tencent Music Entertainment Group provides an online music entertainment platform primarily in China. The Company offers online music, recording, and music-centric live streaming services. Tencent Music Entertainment Group is based in Shenzhen, China.
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