Tencent Music Entertainment Group Operating Margin 2018-2024 | TME

Tencent Music Entertainment Group operating margin for the quarter ending June 30, 2024 was 21.66%.

  • Tencent Music Entertainment Group average operating margin for 2023 was 15.4%, a 73.62% increase from 2022.
  • Tencent Music Entertainment Group average operating margin for 2022 was 8.87%, a 17.95% increase from 2021.
  • Tencent Music Entertainment Group average operating margin for 2021 was 10.81%, a 20.57% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.

Tencent Music Entertainment Group Operating Margin 2018-2024 | TME

  • Tencent Music Entertainment Group average operating margin for 2023 was 15.4%, a 73.62% increase from 2022.
  • Tencent Music Entertainment Group average operating margin for 2022 was 8.87%, a 17.95% increase from 2021.
  • Tencent Music Entertainment Group average operating margin for 2021 was 10.81%, a 20.57% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.
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