TCL Electronics Reports Strong Growth with Record Earnings and Dividend for 2025

TCL Electronics Achieves Quality Growth in 2025

TCL Electronics Holdings Limited (01070.HK) has announced impressive financial results for the year ending December 31, 2025. The company's strategic focus on globalization and a mid-to-high-end market segment has led to substantial business expansion and profitability. The total revenue for 2025 reached 114.58 billion HKD, marking a 15.4% increase from the previous year, while net profit soared by 36.7% to 2.53 billion HKD. Notably, the adjusted earnings attributed to shareholders surged by 56.5% to 2.51 billion HKD.

Highlights of the Financial Performance

In 2025, TCL maintained a remarkable position in the global television market, ranking second in brand TV shipments. The company recorded a staggering 118.0% year-on-year increase in global shipments of Mini LED TVs, securing its position as the leader in this segment. The continuous advancement of its mid-to-high-end strategy resulted in a gross margin increase of 1.3 percentage points, reaching 16.8% for large-screen display business.

TCL's internet services also displayed profitability, with revenue growing by 18.3% to 3.11 billion HKD. The gross profit margin in this segment reached an impressive 56.4%, demonstrating the robustness of TCL's internet business strategy. Additionally, the TCL channel surpassed 45.70 million global users, showcasing the company's enhanced marketing and monetization capabilities.

Innovations and Product Development

The innovative division of TCL saw a revenue increase of 31.9% to 35.63 billion HKD in 2025, with the photovoltaic business witnessing a 63.6% revenue growth to 21.06 billion HKD, underscoring the company's resilience and competitiveness in various sectors.

The board proposed a final cash dividend of 49.80 HKD cents per share for 2025, representing approximately 50% of adjusted earnings, rewarding shareholders for their support and commitment, while this dividend marks a substantial increase of 56.6% compared to the previous year.

Market Leadership in Display Technology

The display segment, particularly in the mid-to-high-end range, emerged as a crucial growth driver for TCL. The revenue from display products rose by 9.2% to 75.80 billion HKD, with substantial gross profit growth of 16.4%. TCL achieved a global market share of 14.7% in TVs and solidified its leadership in Mini LED TVs with a significant market share increase.

In the international market, the revenue for large-screen displays reached 47.50 billion HKD, reflecting a 15.7% increase with gross profits rising by an extraordinary 29.4%. The demand for large screens continued to soar as TCL reported a 50% increase in shipments of televisions sized 65 inches and above outside China.

TCL’s products are not only gaining traction in established markets like North America and Europe but are also making significant inroads in emerging markets such as Latin America and the Middle East. This expansion strategy has effectively increased TCL's television revenues by 19.8%, unlocking significant market potential.