Results Highlights
- Leveraging the dual-drive strategy of “Globalisation” and “Mid-to-High-End”, TCL Electronics has achieved quality growth in global business and continuously strengthened overall profitability. In 2025, the Company’s revenue increased by 15.4% year-on-year (YoY) to HK$114.58 billion, profit after tax increased by 36.7% YoY to HK$2.53 billion, and adjusted profit attributable to owners of the parent increased by 56.5% to HK$2.51 billion compared with the previous year.
- In 2025, TCL TV’s shipment ranking consistently remained at the second position among global branded TVs [1]; TCL Mini LED TV global shipment surged by 118.0% YoY, with its scale consistently ranking the first globally [2]. The continuous advancement of the “Mid-to-High-End” strategy has driven the gross profit margin of the large-sized display business to increase by 1.3 percentage points YoY to 16.8% during the year.
- The internet business sustained high profitability. In 2025, internet business revenue increased by 18.3% YoY to HK$3.11 billion, with a gross profit margin as high as 56.4%. The Company’s overseas flagship models were among the first in the industry to integrate Google Gemini. As at the end of 2025, TCL Channel’s global cumulative user base exceeded 45.70 million, with commercialisation and monetisation capabilities significantly strengthened.
- The innovative business continued to expand in scale, with revenue in 2025 surging by 31.9% YoY to HK$35.63 billion. Among these, the photovoltaic business revenue increased by 63.6% YoY to HK$21.06 billion, demonstrating outstanding market competitiveness and development resilience.
- The Board proposed a final cash dividend of HK49.80 cents per share for 2025, with a dividend payout ratio of approximately 50% of adjusted profit attributable to owners of the parent.
