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TCL Technology Group (SZSE:000100) Use Of Debt Could Be Considered Risky
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TCL Technology: Third Quarter Report 2024 (English Version)
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TCL Technology: Q3 2024 Report
tcl corporation shows improvement in net income for the first three quarters of the business year, increasing by 6.067 billion yuan, with Q3 single-quarter net income exceeding 1.7 billion yuan.
On October 29, tcl corporation (000100.SZ) disclosed its third quarter report for 2024. In the first three quarters, the company achieved revenue of 123.028 billion yuan, with a net income attributable to shareholders of the listed company of 1.525 billion yuan. Among them, tcl corporation's semiconductor display business performed significantly well in the first three quarters, achieving revenue of 76.956 billion yuan, a year-on-year increase of 25.74%, achieving a net income of 4.443 billion yuan, an improvement of 6.067 billion yuan year-on-year, and achieving an operating net cash flow of 19.838 billion yuan. According to the announcement, one of the reasons for the above performance is the supply-side reform in the display industry.