Tencent Music Entertainment Group reported total revenues of RMB8.5 billion (US$1.2 billion) for the third quarter of 2025, a 20.6% increase year-over-year. Revenues from online music services reached RMB7.0 billion (US$979 million), up 27.2%. Revenues from music subscriptions grew by 17.2% to RMB4.5 billion (US$632 million), with monthly ARPPU rising to RMB11.9. Net profit attributable to equity holders was RMB2.2 billion (US$302 million), an increase of 36.0%. Non-IFRS net profit attributable to equity holders was RMB2.4 billion (US$338 million), up 32.6%. Diluted earnings per ADS were RMB1.4 (US$0.19). As of September 30, 2025, total cash, cash equivalents, term deposits, and short-term investments stood at RMB36.1 billion (US$5.1 billion). The company expanded live experiences and continued content enrichment during the period.