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NYSE:TME
NYSE:TMEEntertainment

How Q1 2026 Profit Drop Amid Music Services Growth At Tencent Music (TME) Has Changed Its Investment Story

Tencent Music Entertainment Group has released its first-quarter 2026 results, reporting revenue of CNY 7,895 million versus CNY 7,356 million a year earlier, while net income decreased to CNY 2,091 million from CNY 4,291 million, with lower basic and diluted earnings per share from continuing operations. Beyond the headline figures, the quarter underscored robust growth in music-related services, including triple-digit offline concert revenue and renewed major-label contracts, as Tencent...