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RMB appreciation causes exchange losses for TCL Smart Home, indicating CNY strength
TCL Smart Home disclosed its 2026 half-year report. In the first half, total operating revenue reached 9.934 billion yuan, up 4.83% year on year. Net profit attributable to shareholders of the listed company was 512 million yuan, down 19.88% year on year. Basic earnings per share were 0.47 yuan. The company said the core reason for the change in net profit was exchange losses of 198 million yuan caused by RMB appreciation, with losses up 280 million yuan year on year.
RMB appreciation causes exchange losses for TCL Smart Home, indicating CNY strength
Guangdong Homa Appliances Co Ltd