China's home appliances giant Midea profit up 16.6 pct in Q1
Midea Group, a leading home appliances maker in China, has reported a net profit growth of 16.6 percent year-on-year in the first quarter of 2019, according to its financial statement released April 29...
Gree’s revenue exceeded 200 billion Yuan in 2018
According to Gree’s annual report of 2018 freshly released on April 28 2019, the company posted revenue of 200.024 billion Yuan, a year-on-year growth of 33.33% year-on-year, with net profit attributable to shareholders of the parent company up by 16.97% year-on-year to 26.203 billion Yuan.
Read More →Net profit of Midea Group hit 20 billion Yuan milestone for the first time in 2018
Midea Group posted revenue of 261.82 billion Yuan, a year-on-year growth of 8.23%, net profit of 21.65 billion Yuan, a year-on-year growth of 16.33%, and net profit attributable to shareholders of the parent company 20.231 billion Yuan, a year-on-year growth of 17.05%, according to the company’s...
Read More →Net profit of Hisense slid in 2018
Hisense posted revenue of 36.02 billion Yuan, a year-on-year rise of 7.56% year-on-year, net profit attributable to shareholders of the parent company 1.377 billion Yuan, down by 31.75% year-on-year, according its annual report of 2018released on March 28 2019.
Read More →Aux unveils its Japan-based R&D center, starting a crucial step of going global
Based near the port of Kobe in Japan, Aux’s first overseas R&D center officially went into operation on March 26, 2019. Within Japan’s air conditioner industrial cluster, the newly founded center bears the strategic mission of the fast-growing company, which is, making Aux a global brand...
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