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TCL电子上半年营收达547.77亿港元,净利润同比增长67.8%

Core Insights - TCL Electronics reported robust performance in the first half of 2025, achieving a revenue of HKD 54.78 billion, a year-on-year increase of 20.4% [2][3] - The company demonstrated strong growth in both core and innovative businesses, with net profit attributable to shareholders rising by 67.8% to HKD 10.9 billion [2][3] Financial Performance - Revenue for the first half of 2025 reached HKD 54,777 million, compared to HKD 45,494 million in 2024, marking a 20.4% increase [3] - Gross profit increased by 16% to HKD 8,366 million, while profit after tax surged by 60.5% to HKD 1,048 million [3] - Adjusted net profit attributable to shareholders rose by 62% to HKD 1,060 million [3] Core Business Growth - The display business, a key competitive advantage, saw revenue growth of 10.9% to HKD 33,419 million, with gross profit up 11.4% to HKD 5,197 million [3] - Global shipments of TCL TVs increased by 7.6% to 13.46 million units, maintaining a top position in global TV shipments [3] - Mini LED TV shipments surged by 176.1% to 1.37 million units, highlighting TCL's leadership in high-end display technology [3] Internet and Innovative Business - Internet business revenue reached HKD 1,458 million, a 20.3% increase, with a gross margin improvement to 54.4% [4] - Innovative business revenue grew by 42.4% to HKD 19,875 million, with solar business revenue and gross profit increasing by 111.3% and 98.5%, respectively [4] - The company launched several new products in smart connectivity and smart home sectors, further expanding its market presence [4] R&D Investment - TCL Electronics increased its R&D expenditure to HKD 1,154 million, a 5.6% year-on-year rise, emphasizing its commitment to high-end display technology and AI [4] - The company introduced innovative products such as the fourth-generation LED TV and various AR/XR smart glasses, showcasing its technological prowess [4]