Tencent Music (TME) Reports Strong Q1 Earnings with Significant Profit Growth

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May 13, 2025
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Tencent Music Entertainment Group (TME, Financial) has released its financial results for the first quarter ending March 31, 2025. The company reported a total revenue of 7.36 billion yuan, marking an 8.7% increase compared to the same period last year.

The net profit attributable to shareholders reached 4.29 billion yuan, showing a remarkable growth of 201.8% year-over-year. The adjusted net profit was 2.23 billion yuan, reflecting a 22.8% increase. The net profit attributable to company shareholders stood at 2.12 billion yuan, up by 24.6% from the previous year.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.