TCL Electronics (01070) rose nearly 6%. As of press release, it rose 5.76% to HK$4.96, with a turnover of HK$53.964 million.
The Zhitong Finance App learned that TCL Electronics (01070) rose nearly 6%. As of press release, it had risen 5.76% to HK$4.96, with a turnover of HK$53.964 million.
According to the news, TCL Electronics achieved revenue of HK$78.99 billion in 2023, up 10.7% year on year; overall gross profit increased by 12.5% year on year to HK$14.76 billion, overall gross margin increased 0.3 percentage points to 18.7% year on year, net profit to mother reached HK$740 million, up 66.4% year on year, and adjusted net profit to mother of HK$80 million, up 14.0% year on year. In 2023, all business segments of TCL Electronics achieved overall growth. Among them, the company's smart screen business revenue reached HK$48.63 billion, an increase of 7.6% over the previous year.
According to the China Merchants Securities Research Report, the basic market of the company's smart screen business is stable, and the middle and high-end plus large screen superimposed TCL+ Thunderbird dual brand strategy has been implemented, promoting an increase in global market share+brand upgrading. Looking at the short term, 2024 is a super year for sporting events, with the European Cup and America's Cup in the air in June, and the grand opening of the Paris Olympics in July. It is expected that this year's sporting events will clearly drive global TV demand. At the same time, the company's Internet business expanded a new path of profit, and the innovative business fully blossomed into the harvest period.