Business
TCLE (01070.HK) Adjusted Profit Attributable to Owners of the Parent Surged by 62.0% YoY in H1 2025
TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) today announced its interim results for the six months ended 30 June 2025. The Company's core business achieved quality growth, complemented by significant optimisation of product and channel mix, coupled with rapid expansion of innovative business. This resulted in a 20.4% year-on-year increase in overall revenue to HK$54.78 billion and a 16.0% year-on-year increase in gross profit to HK$8.37 billion.
About this update from Tcl Electronics Holdings Limited
[{"type":"text","content":"Mid-to-High-End Strategy Yield Tangible Results with High-Quality Growth in Global Business","length":96,"tagName":"p","attribs":{}},{"type":"text","content":"Results Highlights","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Focusing on its strategy of mid-to-high-end positioning and globalisation initiatives, TCL Electronics' core business achieved quality growth and continuously enhanced its profitability. For the first half of 2025, revenue increased by 20.4% year-on-year to HK$54.78 billion, profit after tax increased by 60.5% year-on-year to HK$1.05 billion, whilst adjusted profit attributable to owners of the parent[1] rose by 62.0% year-on-year to HK$1.06 billion","length":467,"tagName":"p"}]},{"val":[{"type":"text","content":"In the first half of 2025, global shipment of TCL TV grew by 7.6% year-on-year to 13.46 million sets, maintaining its position amongst the world's top two[2] TV brands. The global shipment of TCL Mini LED TV soared by 176.1% year-on-year to 1.37 million sets, firmly securing TCL's position as the global No.1[3]. The effective implementation of the mid-to-high-end strategy drove the gross profit margin of the large-sized display business improved by 0.5 percentage points to 15.9% year-on-year","length":524,"tagName":"p"}]},{"val":[{"type":"text","content":"The internet business ecosystem continued to mature, driving both scale growth and high profitability. In the first half of 2025, internet business revenue increased by 20.3% year-on-year to HK$1.46 billion, with gross profit margin improving by 0.5 percentage points year-on-year to 54.4%","length":289,"tagName":"p"}]},{"val":[{"type":"text","content":"Innovative business maintained robust growth, with revenue for the first half of 2025 increasing by 42.4% year-on-year to HK$19.88 billion, among which, revenue and gross profit of photovoltaic business achieved year-on-year increases of 111.3% and 98.5%, reaching HK$11.14 billion and HK$1.07 billion, respectively.","length":321,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1601,"olType":false},{"type":"text","content":"HONG KONG, Aug. 22, 2025 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) today announced its interim results f...