TCL Technology: Display business revenue is expected to reach 104.3 billion yuan, a year-on-year increase of 25% in 2024.

On the evening of April 29, TCL Technology disclosed its 2024 performance report. In 2024, TCL Technology achieved operating income of 164.8 billion yuan, net profit attributable to shareholders of 15.6 billion yuan, and a net cash flow from operating activities of 29.5 billion yuan, an increase of 16.6% year-on-year. In the 2024 fiscal year, TCL Technology's semiconductor display business achieved a record high annual revenue of 104.3 billion yuan, a 25% year-on-year increase, and a net profit of 6.23 billion yuan, an increase of 6.24 billion yuan from 2023. In the first quarter of 2025, the operating income reached 27.5 billion yuan, an 18% year-on-year increase; net profit was 2.33 billion yuan, an increase of 329%, and a 30% increase compared to the previous quarter. Both quarterly revenue and net profit hit a new high in the past three years.