China's TCL Electronics hits 22-year peak on higher profit, revenue

TCL Electronics Holdings

31/08/2026 04:27

** Shares of TCL Electronics Holdings 1070.HK jump 9.6% to HK$17.16, the highest level since December 2004 
** Stock on track for biggest one-day pct gain since July 6 in the second straight session of gains 
** Television maker, with market capitalisation of $5.47 billion, says H1 profit attributable jumps 40.2% y/y to HK$1.53 billion ($195.18 million), adjusted profit attributable surges 54.3% y/y and revenue up 16.4% y/y 
** YTD, stock up 64.1%, while benchmark Hang Seng Index .HSI down 1%



($1 = 7.8389 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))