招银国际维持腾讯音乐“买入”评级 看好本财年将继续实现强劲盈利增长

金吾资讯
Yesterday

招银国际表示,腾讯音乐(01698)公布了1Q25业绩:总收入同比增长9%,达到73.6亿元,非IFRS净利润同比增长25%,达到21.2亿元,均符合彭博一致预期。在线音乐业务维持良好势头,主要受音乐会员和ARPPU均衡增长的推动。展望2Q25,该行预计公司总收入/非IFRS净利润将同比增长12%/23%。考虑到在线音乐业务的良好表现及利润率提升趋势,该行将FY25-27的盈利预测上调0-6%。...

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