TCL Central: Net loss of 9.264 billion yuan in 2025, a year-on-year reduction in losses

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2026-03-26 16:32:37

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People’s Financial News, March 24 — TCL Zhonghuan (002129) announced its annual report on March 24. In 2025, it achieved operating revenue of 29.05 billion yuan, a year-on-year increase of 2.22%. The net profit attributable to shareholders of the listed company was a loss of 9.264 billion yuan, a reduction in loss compared to the previous year’s loss of 9.818 billion yuan. In 2025, the supply and demand imbalance in the photovoltaic industry continued, and the terminal market’s rush to install caused temporary disruptions to industry demand. Efforts to “counter internal competition” pushed silicon material and silicon wafer prices up in the third quarter, but weak demand, insufficient price transmission, and the lack of substantial improvement in new scenarios and applications have not yet improved the supply-demand relationship. Operating pressure in the fourth quarter increased.

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