TCL Electronics Reports Strong 2025 Growth on Premiumisation and Global Expansion Strategy

HONG KONG, March 30, 2026 – TCL Electronics Holdings Limited (01070.HK) reported strong financial and operational performance for the year ended 31 December 2025, driven by its dual strategy of global expansion and a shift towards mid-to-high-end product offerings.

The company recorded revenue of HK$114.58 billion, up 15.4% year-on-year, while profit after tax rose 36.7% to HK$2.53 billion. Adjusted profit attributable to shareholders increased 56.5% to HK$2.51 billion, reflecting improvements in operational efficiency and product mix optimisation.

The Board proposed a final dividend of HK49.80 cents per share, representing a payout ratio of approximately 50% and marking a significant increase compared to the previous year.

Premium product strategy drives display business growth

TCL Electronics’ display business remained a key growth engine, with revenue rising 9.2% to HK$75.80 billion. Gross profit increased 16.4%, supported by improved margins and a stronger product mix.

The company maintained its position as the world’s second-largest TV brand by shipments, with a global market share of 14.7%. Its Mini LED TV segment continued to lead globally, with shipments surging 118% year-on-year and capturing over 31% market share.

International markets contributed significantly to growth, with large-sized display revenue rising 15.7% to HK$47.50 billion. Demand for larger screens accelerated, with shipments of TVs sized 65 inches and above increasing by 50% overseas.

Internet and AI ecosystem strengthen profitability

The company’s internet business delivered robust profitability, with revenue increasing 18.3% to HK$3.11 billion and gross margins exceeding 56%.

TCL Electronics expanded its AI capabilities across products and services, including early integration of Google Gemini into flagship models. Its TCL Channel platform surpassed 45.7 million global users, supported by enhanced content offerings and increased engagement.

Photovoltaic and innovation businesses emerge as growth drivers

The company’s innovative business segment recorded strong expansion, with revenue rising 31.9% to HK$35.63 billion. Within this, photovoltaic operations saw revenue surge 63.6% to HK$21.06 billion, reflecting growing demand for solar energy solutions.

TCL Electronics also advanced its AI-driven product ecosystem, including developments in AR/XR through its RayNeo brand and the launch of AI-enabled smart home devices.

Looking ahead, TCL Electronics said it will continue to focus on globalisation, premiumisation and AI-driven innovation to drive both scale and profitability, while maintaining a strong emphasis on shareholder returns.