腾讯音乐娱乐集团（TME）2025年第一季度业绩报告「NYSE」（英文版）（13页）.pdf

1、1Tencent Music Entertainment Group Announces First Quarter 2025 Unaudited Financial ResultsSHENZHEN,China,May 13,2025/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 una

2、udited financial results for the first quarter ended March 31,2025.First Quarter 2025 Financial Highlights Total revenues were RMB7.36 billion(US$1.01 billion),representing an 8.7%year-over-year increase,primarily due to strong year-over-year growth in revenues from online music services,and partial

3、ly offset by a decline in revenues from social entertainment services and others.Revenues from music subscriptions were RMB4.22 billion(US$581 million),representing 16.6%year-over-year growth.The number of paying users increased by 8.3%year-over-year to 122.9 million,up by 1.9 million from the fourt

4、h quarter of 2024.Monthly ARPPU grew to RMB11.4 from RMB10.6 in the same period of 2024.Net profit attributable to equity holders of the Company was RMB4.29 billion(US$591 million),representing 201.8%year-over-year growth.Non-IFRS net profit attributable to equity holders of the Company1 was RMB2.12

5、 billion(US$293 million),representing 24.6%year-over-year growth.The Company has recognized a gain of RMB2.37 billion(US$327 million)on deemed disposal of an investment under IFRS.Diluted earnings per ADS was RMB2.77(US$0.38),up from RMB0.91 in the same period of 2024.Non-IFRS diluted earnings per A

6、DS was RMB1.37(US$0.19),up from RMB1.09 in the same period of 2024.Total cash,cash equivalents,term deposits and short-term investments as of March 31,2025 were RMB37.67 billion(US$5.19 billion).1 Non-IFRS net profit attributable to equity holders of the Company was arrived at after excluding the co