Tencent Music Entertainment Group Operating Expenses 2018-2024 | TME

Tencent Music Entertainment Group annual/quarterly operating expenses history and growth rate from 2018 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Tencent Music Entertainment Group operating expenses for the quarter ending June 30, 2024 were $0.729B, a 12.48% decline year-over-year.
  • Tencent Music Entertainment Group operating expenses for the twelve months ending June 30, 2024 were $2.991B, a 15.19% decline year-over-year.
  • Tencent Music Entertainment Group annual operating expenses for 2023 were $3.246B, a 13.04% decline from 2022.
  • Tencent Music Entertainment Group annual operating expenses for 2022 were $3.733B, a 15.57% decline from 2021.
  • Tencent Music Entertainment Group annual operating expenses for 2021 were $4.422B, a 20.01% increase from 2020.
Tencent Music Entertainment Group Annual Operating Expenses
(Millions of US $)
2023 $3,246
2022 $3,733
2021 $4,422
2020 $3,684
2019 $3,112
2018 $2,369
2017 $1,422
Tencent Music Entertainment Group Quarterly Operating Expenses
(Millions of US $)
2024-06-30 $729
2024-03-31 $711
2023-12-31 $798
2023-09-30 $753
2023-06-30 $833
2023-03-31 $862
2022-12-31 $932
2022-09-30 $900
2022-06-30 $934
2022-03-31 $967
2021-12-31 $1,136
2021-09-30 $1,107
2021-06-30 $1,123
2021-03-31 $1,056
2020-12-31 $1,085
2020-09-30 $965
2020-06-30 $858
2020-03-31 $776
2019-12-31 $902
2019-09-30 $774
2019-06-30 $729
2019-03-31 $707
2018-12-31
2018-09-30
2017-12-31
Sector Industry Market Cap Revenue
Consumer Discretionary Media Conglomerates $22.017B $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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