Tencent Music Q2 FY26 IFRS net profit rises 2.57% to RMB 2.47 billion; revenue increases 5.8% to RMB 8.93 billion

Reuters2026/08/11 09:01

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Tencent Music Entertainment Group Q2 2026 revenue rose 5.8% year over year to RMB 8.93 billion (USD 1.32 billion).
IFRS net profit attributable to equity holders edged up to RMB 2.47 billion (USD 364 million); diluted EPS per ADS increased to RMB 1.57 (USD 0.23).
Music related services revenue climbed 11% to RMB 7.61 billion (USD 1.12 billion); social entertainment services and others fell 16.4% to RMB 1.33 billion (USD 196 million).
Total cash, cash equivalents, term deposits and short-term investments totaled RMB 44.22 billion (USD 6.52 billion) at June 30.
Completed Ximalaya acquisition on May 18; repurchased 43,500,000 ADSs for about USD 400 million at an average USD 9.2.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tencent Music Entertainment Group published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608110500PR_NEWS_USPR_____CN22224) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tencent Music Q2 FY26 IFRS net profit rises 2.57% to RMB 2.47 billion; revenue increases 5.8% to RMB 8.93 billion

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