Tencent Music Entertainment Group Gross Profit 2018-2024 | TME

Tencent Music Entertainment Group annual/quarterly gross profit history and growth rate from 2018 to 2024. 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 March 31, 2024 was $0.383B, a 13.65% increase year-over-year.
  • Tencent Music Entertainment Group gross profit for the twelve months ending March 31, 2024 was $1.430B, a 6.11% increase year-over-year.
  • Tencent Music Entertainment Group annual gross profit for 2023 was $1.384B, a 6.16% 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 $1,384
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 $)
2024-03-31 $383
2023-12-31 $381
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 $25.964B $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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