Jiaxipera’s Mexico-based compressor factory put into production
Jiaxipera’s compressor factory based in Ramos Arizpe, Coahuila, Mexico put into production on October 26, 2023. With an investment of US$60 million, the 15,000 sq factory has an annual production capacity of 6 million units. It has been the first independently built overseas factory of China’s...
Haier Smart Home releases Q3 performance report
On October 31, Haier Smart Home released its Q3 2023 performance report. The report showed that, Haier Smart Home achieved revenue of RMB 67.031 billion in Q3 2023, a YoY increase of 6.12%, and its net profit attributable to shareholders was RMB 4.185 billion, a YoY increase of 12.92%. The company’...
Midea Group releases Q3 performance report
On October 31, Midea Group released its Q3 2023 performance report. During the first three quarters of 2023, Midea Group’s revenue was RMB 291.111 billion, a YoY increase of 7.67%, and its net profit attributable to shareholders was RMB 27.717 billion, a YoY increase of 13.27%. The report showed...
Gree Electric Appliances releases Q3 performance report
On October 31, Gree Electric Appliances released its Q3 2023 performance report. In Q3 2023, Gree Electric Appliances achieved revenue of RMB 55.77 billion, a YoY increase of 6.7%, and its net profit attributable to shareholders was RMB 7.42 billion, a YoY increase of 8.5%.
Hisense Visual Technology’s net profit in Q3 increased by 15.19% YoY
On the evening of October 24, Hisense Visual Technology released its Q3 2023 report. During the first three quarters of 2023, it achieved revenue of RMB 39.226 billion, a YoY increase of 20.65%, and its net profit attributable to shareholders was RMB 1.628 billion, a YoY increase of 47.08%. The...
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