Net profits at Tencent Music Entertainment, China's largest digital music company, climbed 36% to reach $735 million (RMB5.22 billion) in 2023 - despite revenues declining by 2% to $3.91 billion. Fourth quarter profits were worth $198 million (RMB1.41 billion), earned from revenues 7% down at $971 million (RMB6.89 billion). The final figures cap a year […]
Net profits at Tencent Music Entertainment, China's largest digital music company, climbed 36% to reach $735 million (RMB5.22 billion) in 2023 - despite revenues declining by 2% to $3.91 billion. Fourth quarter profits were worth $198 million (RMB1.41 billion), earned from revenues 7% down at $971 million (RMB6.89 billion). The final figures cap a year […]
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