TCL Electronics reports a 147.3% YoY increase in net profit and 30.3% revenue growth for H1 2024.

TCL Electronics, a Hong Kong-listed company, reported a 147.3% year-on-year increase in adjusted net profit for the first half of 2024, with revenue growing by 30.3% YoY to HK$45.5 billion. The company's mid-to-high-end products, including QLED TV and Mini LED TV, saw high YoY growth, and its large-sized display business revenue increased by 23.2% YoY. TCL's photovoltaic business also experienced significant growth, with revenue and gross profit increasing by 212.7% and 322.5% YoY.

August 23, 2024
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