TCL Electronics (01070.HK) issued a positive profit alert, forecasting its first-quarter adjusted net profit to increase by 125% to 150% from the prior year.
The company attributed the robust performance to its ongoing "globalization" and "premiumization" strategies, which have enhanced product competitiveness and improved cost efficiency.
The electronics maker expects adjusted net profit attributable to owners of the parent to be between 360 million and 400 million. Revenue is projected to climb between 10% and 20% year-on-year, reaching a range of 27.8 billion to 30.4 billion.
The strong guidance follows a period of strategic investment and comes against a relatively low comparison base from the first quarter of 2025, which contributed to the significant growth rate. Shares of TCL Electronics traded up 0.7% in Hong Kong on the news.
This forecast suggests that TCL's focus on higher-value products and international market expansion is yielding significant financial results, likely boosting investor confidence. Market watchers will now look to the official Q1 results announcement to confirm these preliminary figures and for details on segment performance.
This article is for informational purposes only and does not constitute investment advice.