Net profit of Haier Smart Home up 12.6% YoY for Q1 2023

Haier Smart Home posted revenue of 65.066 billion Yuan for Q1 2023, up 8% YoY, net profit attributable to shareholders of the parent company 3.971 billion Yuan, up 12.6% YoY, and net profit attributable to shareholders of the parent company after the deduction of non-recurring gains and losses 3.7...

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Net profit of Midea up 3.43% YoY in 2022

Midea Group posted revenue of 345.7 billion Yuan for year 2022, up 0.68% YoY, and net profit attributable to shareholders of the parent company 29.6 billion Yuan, up 3.43% YoY, of which revenue from HAVC business 150.6 billion Yuan, up 6.17% YoY, accounting for 43.8% of the total revenue; consumer...

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Revenue of Gree Electric Appliances reached 190.2 billion Yuan in 2022

Gree Electric Appliances posted revenue of 190.151 billion Yuan for year 2022, up 0.26% YoY, and net profit attributable to shareholders of the parent company 24.507 billion Yuan, up 6.26% YoY, of which revenue from air conditioner business up 2.39% YoY to 134.859 billion Yuan, contributing to 32.44...

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Net profit of Hisense Home Appliances up 131.11% YoY

Hisense Home Appliances posted revenue of 19.43 billion Yuan for Q1 2023, up 6.16% YoY, and net profit 0.615 billion Yuan, up 131.11% YoY, according to the company’s Q1 financial report released on April 27, 2023.

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TCL focuses on Brazilian appliance, PV markets

Chinese consumer electronics maker TCL Technology Group Corp said it will continue to invest in Brazil and ramp up its localized operations, with a key focus on home appliances and photovoltaics, as part of a broader push to expand its footprint overseas.

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