TCL Smart Home: Net profit in the first quarter increased by 1.58% year-on-year.

TCL announced that in the first quarter of 2026, it achieved operating income of 4.886 billion yuan, a year-on-year increase of 6.22%; the net profit attributable to shareholders of the listed company was 307 million yuan, a year-on-year increase of 1.58%. The main reason for the performance change is the continued strong demand in overseas emerging markets during the reporting period, the gradual recovery of inventory demand in the European market, and the firm implementation of the globalization and AI smart home appliance strategy by the company, deepening the development of overseas markets, and the continuous expansion of export brand and ODM business. The company's net profit in Q1 was 307 million yuan, while the net profit in Q4 of 2025 was 146 million yuan, based on this calculation, the net profit in Q1 increased by 110% compared to the previous quarter.