$Tencent Music(TME)$ recently released its Q4 and full-year 2024 earnings report, and the key takeaway is “stability.”
The report shows that the company successfully met its growth expectations, achieving steady progress. In Q4 2024, TME’s total revenue grew by 8.2% year-on-year, reaching 7.46 billion RMB, with a net profit of 2.08 billion RMB, reflecting its strong profitability.
For the full year, TME’s performance was equally impressive, driven by the strong performance of its online music business. As a regular user of Tencent Music, I’m optimistic about its future.
I believe TME will continue to deliver steady growth, and its future performance is certainly something to look forward to. I’m holding on firmly, ready to reap the rewards!
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