HK Stock Market Move | TCL Electronics (01070) rose more than 3% after the profit announcement. It is expected that the adjusted net profit attributable to shareholders for the first quarter will increase by approximately 125% to 150% year-on-year.

TCL ELECTRONICS (01070) rose more than 3% after the earnings announcement, rising 3.18% to 14.29 Hong Kong dollars as of press time, with a turnover of 19.0184 million Hong Kong dollars. On the news front, on April 19th, TCL ELECTRONICS announced that it expects to record revenue of approximately 27.8 billion Hong Kong dollars to 30.4 billion Hong Kong dollars in the first quarter of 2026, an increase of about 10% to 20% from the same period last year; and adjusted net profit attributable to owners of the company of approximately 360 million Hong Kong dollars to 400 million Hong Kong dollars, an increase of about 125% to 150% from the same period last year. The board of directors believes that despite uncertainties in the macroeconomic and geopolitical environment, the Group continues to advance its "globalization" and "medium-to-high-end" strategies, enhance product competitiveness, reduce costs, and drive quality growth in its core business. In addition, due to the lower base in the same period of 2025, the Group's performance data in the first quarter of 2026 will show a significant year-on-year increase. Given the cyclical nature of the industry in which the Group operates, shareholders and potential investors should note that quarterly performance may not fully reflect the Group's full-year operating situation. Overall, the Group expects to continue its steady development throughout the year 2026 and will continue to focus on creating sustainable and high-quality long-term returns for shareholders.