Tencent Music Entertainment Group $(TME)$, a leading online music and audio entertainment platform in China, has disclosed its unaudited financial results for the first quarter of 2025, which ended on March 31. The company reported total revenues of RMB7.36 billion (US$1.01 billion), marking an 8.7% increase from the same period last year. This growth was largely driven by a strong year-over-year increase in revenues from online music services. However, this was partially offset by a decline in revenues from social entertainment services and others. TME also highlighted the use of non-IFRS net profit as a useful metric for evaluating the company's performance. This measure excludes factors such as the amortization of intangible assets, share-based compensation expenses, and net losses/gains from investments, providing an adjusted view of the company's profitability. The company emphasizes that these results provide insight into its operational performance and future prospects, allowing for an enhanced understanding of key business trends.