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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Changhong’s Shares Jump After Consumer Electronics Maker Embraces iFlytek’s AI for New TV App

Changhong Electric’s stock rose after the home appliance maker said it will release a smart television application compatible with Chinese tech giant iFlytek’s artificial intelligence cognition model.

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Deerma listed on GEM of Shenzhen Stock Exchange

Deerma went public on GEM of Shenzhen Stock Exchange on May 18, 2023. The milestone will contribute to the company’s leading position in innovative home appliance market and its global expansion. Currently, there are two brands-Deerma and Philips under its umbrella, with Deerma for portable...

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