Tencent Music Leisure Group (NYSE: TME), a number one music streaming platform in China, on Wednesday reported monetary outcomes for the third quarter of fiscal 2025.
- Third-quarter revenues elevated 20.6% year-over-year to RMB8.46 billion, primarily as a result of robust year-over-year development in revenues from on-line music providers
- Revenues from on-line music providers have been RMB6.97 billion, up 27.2% year-over-year; revenues from music subscriptions rose 17.2% to RMB4.50 billion
- Internet earnings attributable to fairness holders was RMB2.15 billion in Q3, representing a 36.0% year-over-year development
- Earnings per ADS have been RMB1.38 in the course of the three months, in comparison with RMB1.01 within the prior-year quarter
- Month-to-month ARPPU grew to RMB11.9 in Q3 from RMB10.8 in the identical interval of fiscal 2024
- As of September 30, 2025, whole money, money equivalents, time period deposits, and short-term investments have been RMB36.08 billion
