Tencent Music: Net profit in the first quarter of 2025 increased by 201.8% year-on-year
2025-05-13 17:18:05

Tencent Music announced that its total revenue in the first quarter of 2025 was 7.36 billion yuan, a year-on-year increase of 8.7%. Online music subscription revenue was 4.22 billion yuan, a year-on-year increase of 16.6%, and the number of online music paying users reached 123 million, a year-on-year increase of 8.3%. The net profit attributable to the company's equity holders was 4.29 billion yuan, a year-on-year increase of 201.8%. The net profit attributable to the equity holders of the non-IFRS company was 2.12 billion yuan, a year-on-year increase of 24.6%.
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