TCL ELECTRONICS (01070) has announced a positive profit alert. The group expects to record revenue between approximately HK$278 billion and HK$304 billion for the first quarter of 2026, representing a year-on-year increase of about 10% to 20%. Additionally, the adjusted net profit attributable to shareholders is projected to be in the range of approximately HK$3.6 billion to HK$4.0 billion, marking a significant growth of about 125% to 150% compared to the same period last year.
The board of directors attributes this performance to the continued advancement of the group's "globalization" and "mid-to-high-end" strategies, which have enhanced product competitiveness and improved cost efficiency, leading to quality growth in its core business operations. This progress was achieved despite ongoing uncertainties in the macroeconomic and geopolitical landscape.
Furthermore, the substantial year-on-year increase in the first-quarter 2026 figures is partly due to a relatively low base of comparison from the first quarter of 2025. Shareholders and potential investors are advised to note that quarterly performance may not fully reflect the group's annual operational results, given the cyclical nature of the industry in which the company operates.
Overall, the group anticipates maintaining steady business development throughout the full year of 2026 and remains committed to creating sustainable and high-quality long-term returns for its shareholders.
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