TCL Electronics adjusted profit surges 54.3% to HK$1.64 billion

  • TCL Electronics reported stronger first-half 2026 revenue and adjusted profit.
  • Adjusted profit attributable to parent-company owners rose 54.3% to HK$1.64 billion.
  • TCL Electronics announced a proposed HK$5.61 billion acquisition of TCL's air-conditioning activities.

TCL Electronics Holdings Limited reported unaudited first-half 2026 revenue of HK$63.76 billion, up 16.4% year on year, while adjusted profit attributable to owners of the parent surged 54.3% to HK$1.64 billion. Gross profit increased 30.3% to HK$10.90 billion, while profit after tax rose year on year to HK$1.62 billion. The TV business generated HK$35.25 billion in revenue, up 24.3%, with TCL ranking No. 2 globally by TV shipments and retaining the No. 1 position for Mini LED TV shipments. Internet revenue grew 16.1% to HK$1.69 billion, and innovative-business revenue rose 2.5% to HK$20.37 billion. TCL Electronics also announced a proposed HK$5.61 billion acquisition of the air-conditioning activities of TCL Industries Holdings, subject to conditions precedent and expected to close in the fourth quarter of 2026. The company said it will continue pursuing globalisation, premiumisation and an all-category smart-device ecosystem.

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