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 ...
Read More →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...
Read More →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.
Read More →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.
Read More →Chinese White Goods Giant Hisense to Set Up R&D Centers in US, Japan This Year
Hisense will establish research and development centers in the United States and Japan this year to further expand in overseas markets, the vice president of the Chinese household appliance maker’s international marketing business has revealed.
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