TCL Electronics (01070.HK): 2026 Interim Profit Forecast, Adjusted Net Profit Attributable to Parent to Surge 40%-56%

NewTimeSpace · 2026/07/09 17:04 · By Boyuan Chen

NewTimeSpace News: TCL Electronics announced on 9 July that it estimates its revenue for the first half of 2026 will range from HK$60.3 billion to HK$65.7 billion, representing a year-on-year growth of roughly 10% to 20%. Adjusted net profit attributable to parent is projected to hit HK$1.48 billion to HK$1.65 billion, up approximately 40% to 56% year on year.

NewTimeSpace News: On 9 July 2026, TCL Electronics (01070.HK) released its 2026 interim performance forecast. The Group expects H1 revenue of HK$60.3 billion to HK$65.7 billion, growing around 10% to 20% year on year, with adjusted net profit attributable to parent standing at HK$1.48 billion to HK$1.65 billion, a year-on-year increase of roughly 40% to 56%.

The remarkable profit growth is mainly driven by the following factors: The Group has further advanced the implementation of its "globalization" and "mid-to-high-end upgrading" strategies, delivering high-quality growth across global operations and posting notable gross margin improvement. Overall profitability has climbed steadily. Its TV business retains a leading global position with continuously optimized product mix. Monetization capacity of the high-margin internet business has been further lifted, while profitability of small-and-medium-sized display business has also improved.

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