TCL Technology Expects Up to 108% H1 Profit Growth

MT Newswires Live12:25

TCL Technology (SHE:000100) forecasted first-half attributable net profit of between 3.70 billion yuan and 3.92 billion yuan, compared with 1.88 billion yuan the previous year.

The 96% to 108% rise is attributed to strong semiconductor display earnings, according to a Tuesday filing with the Shenzhen bourse.

The electronics company's basic earnings per share are expected to rise to 0.1779 yuan to 0.1884 yuan, versus 0.1014 yuan last year.

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