Tencent Music (TME) Q3 2025: Revenue +20.6% to RMB 8.46B, Profit +36%—Shares Slide ~10% After Earnings
Tencent Music reported Q3 revenue of RMB 8.46 billion ($1.19 billion), up 20.6% year-on-year, with net profit to equity holders rising 36% to RMB 2.15 billion. Online-music paying users reached 125.7 million, up 5.6%, while monthly active users slipped 4.3% to 551 million. Shares fell about 10% intraday after an early gain, as investors focused on declining MAUs and social-entertainment revenue.
