1698 — Tencent Music Entertainment Income Statement

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Annual income statement for Tencent Music Entertainment, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	20-F	20-F	20-F	20-F	6-K
Standards:	IFRS	IFRS	IFRS	IFRS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	31,244	28,339	27,752	28,401	32,902
Cost of Revenue
Gross Profit	9,404	8,773	9,795	12,025	14,535
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	28,529	24,981	22,982	21,087	23,224
Operating Profit	2,715	3,358	4,770	7,314	9,678
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	3,632	4,373	6,045	8,712	13,277
Provision for Income Taxes
Net Income After Taxes	3,215	3,839	5,220	7,109	11,353
Minority Interest
Net Income Before Extraordinary Items
Net Income	3,029	3,677	4,920	6,644	11,056
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	3,029	3,677	4,920	6,644	11,056
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.901	1.1	1.55	2.13	3.56