Comment on Tencent Music Profits Hold up in Second Quarter

Tencent Music Profits Hold up in Second Quarter

China’s leading online music firm Tencent Music Entertainment pointed to increased investment as the reason for a no better than flat performance in the first half of the year. Revenues for the April to June quarter were RMB6.93 billion ($981 million), an increase of 18% year-over-year, and up 14% to RMB13.2 billion for the first six […]

 

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