TCL TECH.(000100)2025-01-24 12:25Revenue Projections - The expected revenue for 2024 is projected to be between 160 billion and 170 billion CNY, representing a decline of 3% to 8% compared to the previous year's revenue of 174.367 billion CNY[3]. Profit Forecasts - The net profit attributable to shareholders is forecasted to be between 1.53 billion and 1.76 billion CNY, reflecting a decrease of 20% to 31% from last year's profit of 2.215 billion CNY[3]. - The net profit after deducting non-recurring gains and losses is expected to be between 290 million and 420 million CNY, a significant drop of 59% to 72% from the previous year's profit of 1.021 billion CNY[3]. - The basic earnings per share are expected to be between 0.0824 CNY and 0.0947 CNY, down from 0.1195 CNY in the previous year[3]. Business Performance - The semiconductor display business is anticipated to achieve a net profit exceeding 6 billion CNY for the year, benefiting from balanced supply and demand and domestic consumption promotion[5]. - The solar energy business is projected to incur a loss impacting net profit attributable to shareholders by 2.66 billion to 2.45 billion CNY due to market supply-demand imbalance and price drops[6]. Strategic Initiatives - TCL Huaxing plans to acquire 100% equity of LG Display (China) Co., Ltd. to strengthen its industry position and enhance profitability[6]. - The company aims to improve its competitive edge by transitioning from product leadership to leadership in materials and process technology[7]. - The company emphasizes the importance of strategic transformation to enhance organizational capabilities and improve competitiveness and profitability[7]. - The company is committed to sustainable high-quality development while navigating challenges in the photovoltaic industry[7].