TME-SW(01698.HK) +4.350 (+7.931%) Short selling $437.89K; Ratio 1.868% released its 1Q24 results ended March 2024. Net profit amounted to RMB1.422 billion, up 23.9% YoY. EPS was RMB0.46, and earnings per ADS was RMB0.92. Non-IFRS net profit increased by 20.8% YoY to RMB1.704 billion. TME-SW also declared a dividend of US$6.85 cents per share for 2023.
Tencent Music Entertainment Group (TME.US) mounted 3.5% at US$13.8 in pre-market session.
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