Core Insights - Tencent Music's Q2 2025 unaudited financial results show total revenue of 8.44 billion yuan, a year-on-year increase of 17.9% [1] - Net profit attributable to equity holders reached 2.41 billion yuan, reflecting a year-on-year growth of 43.2% [1] - As of June 30, the company had a total cash and cash equivalents balance of 34.92 billion yuan [1] Revenue Breakdown - Online music service revenue amounted to 6.85 billion yuan, growing by 26.4%, driven by increases in subscriptions, advertising, artist merchandise, and live performances [1] - Online music subscription revenue was 4.38 billion yuan, up 17.1%, supported by an increase in average revenue per paying user [1] - Advertising revenue grew due to diverse products and innovative formats [1] Half-Year Performance - For the first half of 2025, Tencent Music reported total revenue of 15.798 billion yuan, a year-on-year increase of 13.43% [1] - Profit attributable to equity holders for the same period was 6.7 billion yuan, showing a significant year-on-year growth of 115.85% [1] - Basic earnings per American Depositary Share were 4.38 yuan [1] Management Commentary - Company executives indicated strong business growth and a commitment to ongoing innovation and investment [1]
腾讯音乐Q2净利润暴涨43.2%！现金储备349亿创新高