Gree Electric Saw Net Profit Up 10.9% Year-on-Year in 2024
On April 27, Gree Electric announced its financial results for 2024. The company reported an annual revenue of RMB 189.164 billion, representing a year-on-year decline of 7.26%. However, net profit attributable to shareholders of the listed company reached RMB 32.185 billion, marking a 10.91% year...
ECOVACS Achieves Revenue and Net Profit Growth in 2024
On April 26, ECOVACS released its 2024 annual report. According to the report, ECOVACS achieved revenue of RMB 16.542 billion in 2024, representing a year-on-year (YoY) growth of 6.71%. Net profit attributable to shareholders of the listed company reached RMB 806 million, marking a YoY increase of ...
TCL CSOT completes acquisition of LG Display's Guangzhou LCD factory
TCL China Star Optoelectronics Technology’s recent acquisition of South Korean display panel maker LG Display’s factory in Guangzhou not only marks the complete exit of South Korean companies from the Liquid Crystal Display TV panel market, but will also significantly expand Chinese LCD...
Midea Completes Acquisition of ARBONIA climate
On February 26, 2025, Midea Group announced the completion of its acquisition of ARBONIA climate, a division of ARBONIA AG, for an enterprise value of 760 million euros. This powerhouse collaboration will significantly strengthen Midea’s strategic deployment across Europe.
Haier Smart Home Achieves Revenue and Net Profit Growth in 2024
On March 27, Haier Smart Home released its 2024 annual report. According to the report, the company achieved revenue of RMB 285.981 billion in 2024, a year-on-year increase of 4.29%. Net profit attributable to shareholders reached RMB 18.741 billion, up 12.92% year-on-year. Overseas revenue was RMB ...
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