REUTERS: China-based music streaming company Tencent Music Entertainment Group on Tuesday reported a profit of 1.83 billion yuan for full-year 2018, in its first earnings report since going public.
The company, controlled by Chinese tech giant Tencent Holdings Ltd, reported a net loss of 875 million yuan in the fourth quarter due to a one-off share-based accounting charge.Quarterly revenue rose 50.5 percent to 5.4 billion yuan , beating the average analysts' estimates of 5.29 billion yuan.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commentary: BIGBANG’s Seungri’s sex scandal and the end of K-pop’s innocenceA series of high-profile sex scandals and other offences has rocked the South Korean music industry, but will the reckoning be enough to provoke ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Police seek arrest warrant in K-pop sex video scandalSouth Korean police Monday sought an arrest warrant for a K-pop star accused of filming and distributing illicit sex videos in a burgeoning scandal that has rocked the country's music industry. After opening an investigation, Seoul police said Monday an arrest warrant has been requested for Jung
Source: YahooSG - 🏆 3. / 71 Read more »
Cops question K-pop stars in sex scandalsSEOUL: South Korean police questioned two K-pop stars yesterday as allegations of sex tapes, prostitutes and secret chat about rape rocked South Korea's music world and hit entertainment stocks. The allegations against the boyish stars, who epitomise an industry that has...
Source: thenewpaper - 🏆 7. / 63 Read more »
Sex, lies and video: K-pop world rocked by sex scandalsSouth Korea police are due to question two K-pop stars on Thursday over allegations of sex tapes, secret chat about rape, and deals facilitated by prostitutes, in a sex scandal that has rocked South Korea's music world and hit entertainment stocks. The allegations against the boyish stars who epitomize
Source: YahooSG - 🏆 3. / 71 Read more »
AIA Singapore posts higher full-year operating profit; value of new business up 18%INSURER AIA Singapore clocked a 7 per cent increase in full-year operating profit after tax to US$558 million from a year ago, against what it cited as pressure on profitability from double-digit medical inflation in the market, it said on Friday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »