Tencent Music - SW (01698) saw a double-digit growth in revenue and profit in the first half of the year, with net profit attributable to equity holders increasing by 6.7 billion yuan, a year-on-year growth of 115.85%.

Smart Finance APP News, Tencent Music-SW (01698) announced unaudited financial performance for the second quarter of 2025, with total revenue of 8.44 billion yuan (1.18 billion US dollars), a year-on-year increase of 17.9%. The net profit attributable to equity holders of the company was 2.41 billion yuan (336 million US dollars), a year-on-year increase of 43.2%. The non-IFRS net profit attributable to equity holders of the company was 2.57 billion yuan (359 million US dollars), a year-on-year increase of 37.4%. Diluted earnings per American Depositary Share were 1.55 yuan (0.22 dollars). As of June 30, 2025, the total balance of cash, cash equivalents, time deposits, and short-term investments was 34.92 billion yuan (4.87 billion US dollars).