TCL Corporation has released its full year results, posting a net profit of $518 million, 60% higher than the previous year, on turnover of $14.4 billion, which was 18.4% higher year on year. TCL Communication Technology, the group’s fastest-growing company, achieved sales revenue of $3.9 billion in 2014, a YoY increase of 60.3%, and net profit of $141 million, a 241% increase, hitting all-time highs in terms of revenue and profit. TCL Multimedia Technology’s business also maintained the steady growth during 2014, generating sales revenue of $4.3 billion and net profit of $31 million.
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