Tencent Music Entertainment, the music division of the Chinese tech giant Tencent, has demonstrated sustained profitability in recent years. In 2024, the company reported 7.11 billion yuan in net profit with a robust growth of online music-paying users.
Annual net profit of Tencent Music Entertainment Group from 2016 to 2024
(in billion yuan)
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Annual net profit of Tencent Music Entertainment Group from 2016 to 2024
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Tencent Music Entertainment. (March 18, 2025). Annual net profit of Tencent Music Entertainment Group from 2016 to 2024 (in billion yuan) [Graph]. In Statista. Retrieved April 18, 2025, 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 2024 (in billion yuan)." Chart. March 18, 2025. Statista. Accessed April 18, 2025. https://www.statista.com/statistics/933990/china-tencent-music-profit/
Tencent Music Entertainment. (2025). Annual net profit of Tencent Music Entertainment Group from 2016 to 2024 (in billion yuan). Statista. Statista Inc.. Accessed: April 18, 2025. https://www.statista.com/statistics/933990/china-tencent-music-profit/
Tencent Music Entertainment. "Annual Net Profit of Tencent Music Entertainment Group from 2016 to 2024 (in Billion Yuan)." Statista, Statista Inc., 18 Mar 2025, https://www.statista.com/statistics/933990/china-tencent-music-profit/
Tencent Music Entertainment, Annual net profit of Tencent Music Entertainment Group from 2016 to 2024 (in billion yuan) Statista, https://www.statista.com/statistics/933990/china-tencent-music-profit/ (last visited April 18, 2025)
Annual net profit of Tencent Music Entertainment Group from 2016 to 2024 (in billion yuan) [Graph], Tencent Music Entertainment, March 18, 2025. [Online]. Available: https://www.statista.com/statistics/933990/china-tencent-music-profit/
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