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<Results>TME-SW 3Q Non-IFRS NP Rises 32%+ YoY; US Stock Mounts ~3% in Pre-mkt Session
Recommend 3 Positive 15 Negative 19 |
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For 1-3Q25, total revenues amounted to RMB24.261 billion, up 15.84% YoY. Net profit was RMB8.853 billion, up 88.9%, as announced by TME-SW (01698.HK). For 3Q25 alone, total revenues were RMB8.463 billion, growing 20.6% YoY. Net profit was RMB2.153 billion, rising 36% YoY. During the period, non-IFRS attributable net profit was RMB2.405 billion, up 32.6% YoY, with a basic and diluted earnings per ADS of RMB1.4 and RMB1.38 respectively. During the quarter, revenues from online music services rose 27.2% YoY to RMB6.97 billion. Of which, revenues from music subscriptions increased 17.2% YoY to RMB4.5 billion. Monly ARPPU grew to RMB11.9 from RMB10.8 in the same period of 2024. TME-SW's ADS (TME.US) last gained 2.9% to US$21.35 during the pre-market sessions. AASTOCKS Financial News Website: www.aastocks.com |
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