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TCL Electronics Reports Robust Growth in 2026 Interim Results
TCL Electronics Holdings Limited announced a significant growth in its financial performance for the first half of 2026. The company's revenue increased by 16.4% year-on-year to HK$63.76 billion, with an adjusted profit attributable to owners surging 54.3% to HK$1.64 billion. This growth is attributed to the strategies of globalization and premiumization.
The TV business, a major contributor, saw revenue rise by 24.3% to HK$35.25 billion, securing a strong position in the global market. The internet business also experienced a notable increase, with revenue climbing 16.1% year-on-year to HK$1.69 billion. Strategic acquisitions, including TCL's air conditioning business, are expected to further enhance growth.
Supported by a joint venture with Sony, TCL aims to expand into the mid-to-high-end global home entertainment market. The company has improved its operating efficiency, benefiting from artificial intelligence and digital tools.
R. H.
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