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0.0286320254506894 0.0174973488865324 -0.0445387062566278 -0.0349946977730647 -0.0779427359490986 -0.0827147401908801 -0.073170731707317 -0.0827147401908801
Stock impact report

Tencent Music Entertainment Group Announces Fourth Quarter and Full Year 2018 Unaudited Financial Results

Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME) 
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
SHENZHEN, China, March 19, 2019 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music", "TME", or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2018.Financial HighlightsIn the three months ended December 31, 2018:Total revenues increased by 50.5% year over year to RMB5.40 billion (US$785 million). Net loss attributable to equity holders of the Company was RMB876 million (US$127 million), mostly due to a one-off RMB1.52 billion (US$221 million) share-based accounting charge related to the Company's equity issuance to Warner Music Group and Sony Music Entertainment ("music label partners"). Non-IFRS net profit attributable to equity holders of the Company (excluding the share-based charge in respect of the issuance of ordinary shares to music label partners, amortization of intangible assets and other assets arising from business com Show less Read more
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