Revenue of TCL up 65% YoY for 2021

TCL Group posted revenue of 252.3 billion RMB in 2021, up 65% YoY, and net profit 17.1 billion RMB, up 129% YoY, according to the company’s annual report 2021 released on April 29, 2022. It is learned that revenue from TCL Tech stood at 163.54 billion RMB, up 113% YoY and net profit 14.96 billion...

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Haier Smart Home saw a jump in net profit in 2021

Haier Smart Home delivered revenue of RMB 227.556 billion, representing 15.8% growth of organic revenue (excluding impact from disposed businesses), and net profit attributable to the owner of the parent company was RMB 13.067 billion, representing growth of 47.1% from 2020, according to the annual ...

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Revenue of Hisense Home Appliances up 39.61% YoY in 2021

Hisense Home Appliances Group posted revenue of 67.563 billion Yuan, up 39.61% YoY, according to the annual report of the company released on March 30 2022. The refrigeration and washing machine business of the company delivered revenue of 23.018 billion Yuan, up 23.03% YoY, and the HVAC business 30...

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BOE saw revenue of 2021 up 61.79% YoY

BOE posted revenue of 219.31 billion Yuan in 2021, up 61.79% YoY, and net profit attributable to shareholders of the listed company 25.831 billion Yuan, up 412.96%, setting a record high, according to the annual report released by the company on April 1 2022.

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Midea to Buy Rest of Kuka for USD165 Million Before Taking German Robot Maker Private

Chinese home appliances giant Midea Group said it plans to spend about EUR151 million (USD165 million) to fully acquire Kuka before delisting the leading German industrial robots maker.

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