TCL Technology reports net profit of 4.443 billion yuan in display business for first three quarters in 2024

On the evening of October 29, 2024, TCL Technology released its Q3 report for 2024. The company reported a total revenue of 123.028 billion yuan for the first three quarters, with net profit attributable to shareholders at 1.525 billion yuan. TCL’s semiconductor display business posted revenue of 76.956 billion yuan for the first three quarters, a year-on-year increase of 25.74%, and a net profit of 4.443 billion yuan, up by 6.067 billion yuan year-on-year. TCL CSOT saw its shipment area for 65-inch and larger displays rise to account for 55%.