1、2Tencent Music Entertainment Group Announces Second Quarter 2025 Unaudited Financial ResultsSHENZHEN,China,August 12,2025/PRNewswire/Tencent Music Entertainment Group(“TME,”or the“Company”)(NYSE:TME and HKEX:1698),the leading online music and audio entertainment platform in China,today announced its
2、 unaudited financial results for the second quarter ended June 30,2025.Second Quarter 2025 Financial Highlights Total revenues were RMB8.44 billion(US$1.18 billion),representing a 17.9%year-over-year increase,primarily due to strong year-over-year growth in revenues from online music services,and pa
3、rtially offset by a decline in revenues from social entertainment services and others.Revenues from online music services were RMB6.85 billion(US$957 million),representing 26.4%year-over-year growth.Revenues from music subscriptions were RMB4.38 billion(US$611 million),representing 17.1%year-over-ye
4、ar growth.Monthly ARPPU grew to RMB11.7 from RMB10.7 in the same period of 2024.Net profit attributable to equity holders of the Company was RMB2.41 billion(US$336 million),representing 43.2%year-over-year growth.Non-IFRS net profit attributable to equity holders of the Company1 was RMB2.57 billion(
5、US$359 million),representing 37.4%year-over-year growth.Diluted earnings per ADS was RMB1.55(US$0.22),up from RMB1.07 in the same period of 2024.Non-IFRS diluted earnings per ADS was RMB1.66(US$0.23),up from RMB1.19 in the same period of 2024.Total cash,cash equivalents,term deposits and short-term
6、investments as of June 30,2025 were RMB34.92 billion(US$4.87 billion).1 Non-IFRS net profit attributable to equity holders of the Company was arrived at after excluding the combined effect of amortization of intangible assets and other assets arising from business acquisitions or combinations,share-