Tencent Music Entertainment Group (STU:63TA)
€ 10.6 -0.5 (-4.5%) Market Cap: 17.91 Bil Enterprise Value: 15.76 Bil PE Ratio: 23.75 PB Ratio: 2.36 GF Score: 77/100

Q2 2023 Tencent Music Entertainment Group Earnings Call Transcript

Aug 15, 2023 / 11:00AM GMT
Release Date Price: €5.6 (+5.26%)
Operator

Good evening, and good morning. Welcome to Tencent Music Entertainment Group's Second Quarter 2023 Earnings Webinar. TME announced its quarterly financial results today before the U.S. market opens and earnings release is now available on our IR website at ir.tencentmusic.com as well as via Newswire services. Today, you'll hear from Mr. Kar Shun Pang, our Executive Chairman, who will start the call with an overview of our recent updates. Next, Mr. Ross Liang, our CEO; and I Tony Yip, as CSO, will offer additional thoughts on our product strategies, operations and business developments. Finally, with Shirley Hu, our CFO, we will address our financial results before we open the call for questions.

Before we continue, I refer you to our safe harbor statements in our earnings press release which applies to this call as we will make forward-looking statements. Please also note that the company will discuss non-IFRS measures today, which are more thoroughly explained and reconciled to the most comparable measures reported under IFRS in the company's earnings release and filings with the SEC. At this

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