TCL Electronics projects HK$27.80–30.40 billion Q1-26 revenue, adjusted profit to jump 125%–150%

Bulletin Express04-19

TCL Electronics (TCL) expects a marked rebound in first-quarter 2026 performance, according to its preliminary unaudited results filed with the Hong Kong Stock Exchange on 19 April 2026.

Revenue is projected at HK$27.80 billion–HK$30.40 billion, implying year-on-year growth of roughly 10%–20%. Management attributes the top-line expansion to continued execution of “Globalisation” and “Mid-to-High-End” strategies, which focus on product competitiveness, cost optimisation and efficiency gains.

Adjusted profit attributable to owners of the parent is estimated at HK$360.00 million–HK$400.00 million, up about 125%–150% from the same period in 2025. The sharp increase also reflects a relatively low earnings base in the prior-year quarter.

The company highlighted that quarterly figures may not fully reflect full-year performance given the industry’s business cycle. Finalised results for the three months ended 31 March 2026 are scheduled for release in mid-May 2026, pending audit and board review.

TCL’s board reiterated expectations of steady business development through 2026 and its commitment to delivering sustainable, high-quality returns to shareholders, while reminding investors to exercise caution when dealing in the company’s securities.

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