Tencent Music Entertainment Group Gross Profit 2018-2025 | TME
Tencent Music Entertainment Group annual/quarterly gross profit history and growth rate from 2018 to 2025. 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, 2025 was $447M, a 39.25% increase year-over-year.
- Tencent Music Entertainment Group gross profit for the twelve months ending March 31, 2025 was $1.625B, a 18.73% increase year-over-year.
- Tencent Music Entertainment Group annual gross profit for 2024 was $1.673B, a 20.86% increase from 2023.
- 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 (Millions of US $) |
|
|---|---|
| 2024 | $1,673 |
| 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 $) |
|
|---|---|
| 2025-03-31 | $447 |
| 2024-06-30 | $414 |
| 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 |
|---|---|---|---|
| Consumer Discretionary | Media Conglomerates | $28.727B | $3.891B |
| 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. | |||