Tencent Music FY26 H1 profit attributable to shareholders drops 31.91% to RMB 4.56 billion; revenue rises 6.52% to RMB 16.83 billion

• Tencent Music Entertainment posted revenue of RMB 16.83 billion, up 6.52% from a year earlier.
• Profit attributable to equity holders fell 31.91% to RMB 4.56 billion, with basic EPS at RMB 1.47 per share.
• Operating profit dropped 27.27% to RMB 5.68 billion, while other gains, net slid 91.52% to RMB 218 million.
• Music related services revenue rose 11.54% to RMB 14.12 billion, offset by a 13.73% decline in social entertainment services and others to RMB 2.71 billion.
• Completed the acquisition of Ximalaya on May 18, 2026, with total purchase consideration of about RMB 14 billion.

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