TCL Electronics Expects Up to 160% Increase in H1 Profit; Shares Slide Over 11%
TCL Electronics Holdings (HKG:1070) expects a 130% to 160% jump in profit attributable to the owners in the first half ended Jun 30, compared with the previous year, according to a Monday filing on
Tcl electronics (01070) issued a profit warning, but fell more than 11%. Zhongjin believes that the home appliance industry will decline in the second half of the year, and the sector is expected to adjust in the short term.
Golden Finance News | TCL Electronics (01070) stock price fell, as of press time, down 11.24%, at HKD 5.37, with a turnover of 0.153 billion HKD. The company recently announced that the group's net income attributable to shareholders will increase by about 130% to 160% in the first half of 2024 compared with the same period in 2023. The main reason for the significant increase in net income attributable to shareholders after adjustment is that: (i) in the first half of 2024, the global market space of the industry is stable, the industry structure is clear, the trend of concentration of leading enterprises is accelerating, the group vigorously promotes the high-end strategy and global operation, and actively develops new business,
China Securities Co., Ltd.: Going overseas is still the main theme of white appliances in the second half of 2024.
In recent years, the main driving force for the export of household appliances comes from emerging markets. The importance of sales and incremental contribution of Europe and the United States is declining in both dimensions. Emerging markets are still expected to maintain a strong trend in the long term due to economic development and the improvement of domestic brand market share, and the US market is also expected to follow the rate cut cycle and boost growth.
Zhitong Hong Kong stocks have long known | The Fed's confidence in meeting inflation standards has increased. TCL Electronics (01070) is happy
Fed Chairman Powell said that the second quarter economic data has given policymakers more confidence in achieving sustainable inflation to the 2% target.
Glory Announcement Selection (HK stocks) | Metallurgical Corporation of China (01618.HK): The amount of new signed contracts in the first half of the year was 67.779 billion yuan, a year-on-year increase of 92.5% in new overseas contracts.
Today's focus: Metallurgical Corporation of China (01618.HK): new contract amount of 677.79 billion yuan in the first half of the year, a year-on-year increase of 92.5% in new overseas contract amount. Metallurgical Corporation of China (01618.HK) announced that the company's new contract amount for January-June 2024 was RMB 677.79 billion, a decrease of 6.2% compared to the same period last year. Among them, the new overseas contract amount was RMB 43.54 billion, a year-on-year increase of 92.5%. Major events: Capital realm (00204.HK) recently signed a strategic cooperation intention agreement with Xinghua Economic Development. Southgobi (01878.HK) and
TCL Electronics Projects Significant Profit Jump
TCL Electronics (01070.HK) profit report: Expected growth of adjusted net income attributable to shareholders in the first half of the year is about 130% to 160%.
TCL Electronics (01070.HK) announced on July 15th that the company expects the group's net income attributable to shareholders after adjustment to increase by approximately 130% to 160% in the first half of 2024 compared to the same period in 2023.
Express News | TCL Electronics - Expected Result as Expense Ratio Effectively Reduced in Hy, Others
Express News | TCL Electronics Sees Increase by 130% to 160% in Its Adjusted Profit Attributable for Hy
TCL ELECTRONICS: POSITIVE PROFIT ALERT
Congratulations to La Roja - TCL Celebrates the 4-Time Champion Spanish National Football Team
PARIS, July 15, 2024 /PRNewswire/ -- Leading consumer electronics brand TCL is proud to sponsor its official partner, the Spanish national football team, who picked up, for the fourth time, the
China International Capital Corporation: Short-term adjustments and long-term comparative advantages help improve the valuation of the home appliance sector.
The global market has broad space, and the domestic appliance leader is globally leading in efficiency, research and development, online channels, and governance mechanisms. The global growth of China's home appliances comes from the increase of existing market share, the market growth driven by the introduction of China's technological innovation products in Europe and America, and the increase in penetration rate of entry-level home appliances in emerging markets.
Hong Kong stock concept tracking | The market is overemphasizing the policy risks faced by the outbound market in the short term. CICC believes that home appliances need not be overly concerned (with a list of concept stocks).
The systematic valuation of home appliance dividend assets is essentially improved by trade cash flow, long-term risk-free interest rate declines, and ROE profit improvement.
Haitong Sec: Mid-to-high-end manufacturing has strong resilience, and the home appliance, autos and machinery industries may perform relatively steadily.
ZhITong Finance APP learned that Haitong Securities released research reports stating that under the disturbance of Sino-US trade relations, home appliances, autos, and machinery may perform relatively steadily thanks to their supply advantages and demand hedging.
HK stocks rises | TCL Electronics (01070) up more than 4%, sports events boost the demand for television, institutions are bullish on the company's Mini LED global sales this year.
Tcl electronics (01070) rose more than 4%. As of press time, it rose 4.14% to HKD 6.04, with a turnover of HKD 43.8233 million.
Kaiyuan Securities: bullish on OBM targets such as Beijing Roborock Technology (688169.SH) and Jiuhao (689009.SH) that are not affected by sanctions when expanding overseas.
Open source securities released research reports, stating that domestic demand still needs to be restored, while going abroad is facing geopolitical risks. The bank recommended going abroad with self-owned brand symbols that are not affected by sanctions.
Guotou Securities: The Mini led industry is entering a positive cycle of cost reduction and penetration rate improvement.
As the Mini LED industry chain continues to mature, the Mini LED industry is entering a positive cycle of cost reduction and penetration rate improvement, ushering in broad room for growth.
TCL Electronics (01070.HK) Honoured With Prestigious HKIRA "Best IR Company" and "Best IR by Chairman/CEO" Awards
TCL Electronics (01070.HK) Honoured With Prestigious HKIRA "Best IR Company" and "Best IR by Chairman/CEO" Awards
HONG KONG, July 5, 2024 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070HK) was honoured with two prestigious awards, "Best IR Company" and "Best IR by Chair
Should Income Investors Look At TCL Electronics Holdings Limited (HKG:1070) Before Its Ex-Dividend?
TCL Electronics Holdings Limited (HKG:1070) is about to trade ex-dividend in the next three days. Typically, the ex-dividend date is one business day before the record date which is the date on which
No Data