Tencent Music Entertainment Group (TME) Q3 2022 Earnings Call Transcript

Tencent Music Entertainment Group (NYSE:TME) Q3 2022 Earnings Conference Call November 15, 2022 6:00 AM ET

Company Participants

Tony Yip - Chief Strategy Officer & Head, Ultimate Music

Cussion Pang - Executive Chairman

Ross Liang - CEO & Director

Shirley Hu - CFO

Conference Call Participants

Alex Poon - Morgan Stanley

Lei Zhang - Bank of America Merrill Lynch

Lincoln Kong - Goldman Sachs

Alicia Yap - Citigroup

Xueqing Zhang - CICC

Wei Xiong - UBS

Thomas Chong - Jefferies & Co.

Operator

Ladies and gentlemen, good evening and good morning and thank you for standing by. Welcome to the Tencent Music Entertainment Group Third Quarter 2022 Earnings Conference Call. Today you will hear discussions from the management team of Tencent Music Entertainment Group, followed by a question-and-answer session. Please be advised that this conference is being recorded today.

Now, I will turn the conference over to your speaker host today. Mr. Tony Yip. Please go ahead, sir.

Tony Yip

Thank you, operator. Hello, everyone, and thank you all for joining us on today's call. TME announced its quarterly financial results today after the market close. Today you'll hear from Mr. Cussion 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, the CSO will offer additional thoughts on our product strategy, operations and business developments. Finally, Ms. Shirley Hu, our CFO will address our financial results before we open the call for questions.

Before we continue, I refer you to our Safe Harbor statement 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 our earnings release and SEC filings.

With that, I'm pleased to turn over the call to Mr. Cussion, Executive Chairman of TME. Cussion?

Cussion Pang

Thank you, Tony. Hello, everyone, and thank you for joining our call today. I would like to begin by acknowledging all of the hard work that went into our successful listing on the Main Board of the stock exchange of Hong Kong under stock code 1698 on September the 21, in addition to our primary listing on the New York Stock Exchange. We are truly grateful to our users, employees, partners and investors who have been with us along the way, and helped us reach this important milestone.