Shulou(Shulou.com)11/24 Report--

CTOnews.com news on October 27, TCL Technology today released its third quarter 2023 report that revenue in the third quarter was 47.96 billion yuan, an increase of 14.21% over the same period last year. In the third quarter, net profit attributable to shareholders of listed companies was 1.27 billion yuan, compared with an adjusted loss of 380 million yuan in the same period last year, an increase of 431.95%.

From January to September 2023, TCL Technology achieved an operating income of 133.1 billion yuan, an increase of 5.2% over the same period last year, a net profit of 5.57 billion yuan, an increase of 185% over the same period last year, a net profit of 1.61 billion yuan for shareholders belonging to listed companies, an increase of 474% over the same period last year, and a net operating cash flow of 16.14 billion yuan. The main performance table attached by CTOnews.com is as follows:

TCL Technology said that with the end of the active period of industrial country transfer, the competition pattern in the mainstream display field has become stable, the industry has returned to an orderly development stage based on reasonable commercial returns, and enterprises continue to optimize their business strategies to promote the gradual recovery of the industry.

During the reporting period, semiconductors showed that the relationship between supply and demand tended to be healthy, large dimensions drove the demand for area to grow steadily, and the prices of mainstream products represented by TV panels rebounded to the profit range. In the first three quarters of 2023, the semiconductor display business achieved an operating income of 61.2 billion yuan, an increase of 17.5% over the same period last year, of which the operating income in the third quarter was 25.68 billion yuan, an increase of 73.0% over the same period last year, an increase of 25.8% from the previous quarter, and a net profit of 1.82 billion yuan.

Under the background of the transformation of the global energy structure and the rapid development of the domestic semiconductor industry, the company's new energy photovoltaic and semiconductor materials business continue to consolidate the advantages of technology leadership and intelligent manufacturing, enhance the synergy of the industrial chain, and actively layout the global market. the scale and performance of production and marketing have achieved steady growth. During the reporting period, TCL Central realized operating income of 48.65 billion yuan and net profit of 6.58 billion yuan, an increase of 19.9% over the same period last year.

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