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This is Tencent Music net profit (profit after all expenses), Q3 2023 =$154M.
This is huge profit, that many times companies traded for 70-80$ a share not getting close to it.
Even if Tencent Music was generating only$40M net profit per Qtr, only 8$ a share wouldn't represent that, let alone around$150M quarterly.
Never mind what, TME current share value is amazingly low, in a relation to it real value.
Another good ER, I believe, should take share price parabolic.$Tencent Music(TME)$
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