Tencent Music Entertainment Group Q4 Non-IFRS Earnings, Revenue Increase

, MT Newswires -  5:14 AM ET 3/18/2025 Company News

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05:14 AM EDT, 03/18/2025 (MT Newswires) -- Tencent Music Entertainment Group ( TME ) reported Q4 non-IFRS earnings Tuesday of 1.47 Chinese renminbi ($0.20) per diluted American depositary share, up from 1 renminbi a year earlier.

Analysts polled by FactSet expected 1.25 renminbi.

Revenue for the quarter ended Dec. 31 was 7.46 billion renminbi, up from 6.89 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 7.3 billion renminbi.

Tencent Music shares were up 2.8% in recent premarket activity.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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