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American Century Multisector Income ETF

MUSI

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Dolphin ResearchMar 17 at 09:13 AM
TME (Trans): Agile amid intense competition, prioritizing shareholder returns ---
Below is Dolphin Research's Trans of the FY2025 earnings call for $Tencent Music(TME.US) and $TME-SW(01698.HK).
For our earnings take, see 'Tencent Music: Soda Music's big push — are the easy days over?'
I. Key takeaways
1) Shareholder returns: announced a FY2025 cash dividend of $0.24 per ADS, with total payout approx. $368mn, a sharp increase vs. last year. The buyback program still has sizable remaining authorization and will continue subject to market conditions...
TMEConference Minutes
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Dolphin ResearchNov 12, 2025 at 10:52 AM
Tencent Music (Minutes): Subscription growth slightly slowed, short-term investments impact profitability
The following are the minutes of Tencent Music's 3Q25 earnings conference call organized by Dolphin Research. For financial report interpretation, please refer to "With ByteDance's Efforts, Can Tencent Music Still Be 'Small and Beautiful'?" 1. Review of Core Financial Information: 1. Tencent Music Entertainment Group (TME) reported a 21% year-on-year increase in total revenue for the third quarter of 2025, reaching RMB 8.5 billion, marking the highest growth rate since the first quarter of 2021. This was driven by the continued growth of the music subscription business, strong performance in offline concerts, advertising services, and sales of artist-related merchandise. 2. Online music revenue increased by 27% year-on-year to RMB 7 billion...
TMEConference Minutes