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Tencent Music (TME) Q1 2025 earnings more than double on higher revenues

Tencent Music Entertainment Group (NYSE: TME), a leading music streaming platform in China, has reported a sharp increase in net income for the first quarter of 2025, aided by a 9% growth in revenues. First-quarter revenues increased 8.7% year-over-year to RMB7.36 billion (US$1.01 billion), mainly reflecting strong year-over-year growth in online music services, partially offset by lower … Read more

Tencent Music (TME) Q4 2024 earnings increase on strong revenue growth

Tencent Music Entertainment Group (NYSE: TME), the largest music streaming platform in China, has reported an increase in revenue and net income for the fourth quarter of 2024, amid continued strong demand for its services. Fourth-quarter revenues increased to RMB7.46 billion (US$1.02 billion) from RMB6.89 billion in the year-ago quarter, mainly reflecting strong growth in … Read more

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