Tencent Music Entertainment Group Cost of Goods Sold 2018-2024 | TME

Tencent Music Entertainment Group annual/quarterly cost of goods sold history and growth rate from 2018 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Tencent Music Entertainment Group cost of goods sold for the quarter ending June 30, 2024 was $0.571B, a 13.48% decline year-over-year.
  • Tencent Music Entertainment Group cost of goods sold for the twelve months ending June 30, 2024 was $2.319B, a 16.35% decline year-over-year.
  • Tencent Music Entertainment Group annual cost of goods sold for 2023 was $2.537B, a 12.73% decline from 2022.
  • Tencent Music Entertainment Group annual cost of goods sold for 2022 was $2.908B, a 14.11% decline from 2021.
  • Tencent Music Entertainment Group annual cost of goods sold for 2021 was $3.385B, a 17.69% increase from 2020.
Tencent Music Entertainment Group Annual Cost of Goods Sold
(Millions of US $)
2023 $2,537
2022 $2,908
2021 $3,385
2020 $2,876
2019 $2,425
2018 $1,769
2017 $1,061
Tencent Music Entertainment Group Quarterly Cost of Goods Sold
(Millions of US $)
2024-06-30 $571
2024-03-31 $554
2023-12-31 $615
2023-09-30 $579
2023-06-30 $660
2023-03-31 $683
2022-12-31 $732
2022-09-30 $698
2022-06-30 $723
2022-03-31 $755
2021-12-31 $851
2021-09-30 $853
2021-06-30 $863
2021-03-31 $818
2020-12-31 $836
2020-09-30 $754
2020-06-30 $674
2020-03-31 $612
2019-12-31 $696
2019-09-30 $601
2019-06-30 $576
2019-03-31 $552
2018-12-31
2018-09-30
2017-12-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Content $18.740B $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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