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TCL电子发布中期业绩 归母净利润10.9亿港元 同比增加67.78%

Core Insights - TCL Electronics reported a revenue of HKD 54.777 billion for the six months ending June 30, 2025, representing a year-on-year increase of 20.41% [1] - The gross profit reached HKD 8.366 billion, up 15.99% year-on-year, while the net profit attributable to shareholders was HKD 1.09 billion, marking a significant increase of 67.78% [1] - The company emphasized quality growth in its core business, improved product and channel structure, and rapid expansion of innovative businesses, contributing to overall revenue growth [1] Financial Performance - The overall expenses ratio decreased by 1.0 percentage points to 11.5% compared to the same period last year, driven by effective cost management and digital transformation initiatives [1] - The after-tax profit increased by 60.5% to HKD 1.048 billion, and the adjusted net profit attributable to shareholders rose by 62.0% to HKD 1.060 billion [1] - The net capital debt ratio remained stable at 0.0%, with cash and cash equivalents increasing by 30.4% to HKD 11.442 billion, indicating a robust financial structure [1] Display Business Performance - The display business revenue grew by 10.9% to HKD 33.419 billion, with gross profit increasing by 11.4% to HKD 5.197 billion, and the gross margin for large-size displays improved by 0.5 percentage points to 15.9% [2] - TCL TV's global shipment volume increased by 7.6% to 13.46 million units, maintaining a top two position among global TV brands [2] - The shipment of TCL Mini LED TVs surged by 176.1% to 1.37 million units, securing the leading position globally [2]