Tencent Music Entertainment, the music division of the Chinese tech giant Tencent, has demonstrated a sustained profitability in recent years. In 2023, the company reported 5.22 billion yuan in its net profit with a robust growth of online music paying users.
Annual net profit of Tencent Music Entertainment Group from 2016 to 2023
(in billion yuan)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Tencent Music Entertainment. (March 19, 2024). Annual net profit of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/933990/china-tencent-music-profit/
Tencent Music Entertainment. "Annual net profit of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan)." Chart. March 19, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/933990/china-tencent-music-profit/
Tencent Music Entertainment. (2024). Annual net profit of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/933990/china-tencent-music-profit/
Tencent Music Entertainment. "Annual Net Profit of Tencent Music Entertainment Group from 2016 to 2023 (in Billion Yuan)." Statista, Statista Inc., 19 Mar 2024, https://www.statista.com/statistics/933990/china-tencent-music-profit/
Tencent Music Entertainment, Annual net profit of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/933990/china-tencent-music-profit/ (last visited October 02, 2024)
Annual net profit of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan) [Graph], Tencent Music Entertainment, March 19, 2024. [Online]. Available: https://www.statista.com/statistics/933990/china-tencent-music-profit/