TCL Electronics: Revenue and profit soared, with global expansion and premium TVs fueling strong growth
Quartr·- TCL Electronics reported a year-over-year surge of over 16 % in revenue and 54 % in profit. - This strong growth was driven by international expansion, a premium product mix, and robust sales of Mini LED and large-screen TVs. - Future profitability is expected to be further boosted by the acquisition of TCL Air Conditioner and a Sony joint venture.