Gree revenue approached 100 billion yuan in H1 2024, with net profit up by 12%
Gree released its semi-annual report for 2024 on August 31, stating that during the reporting period, the company achieved revenue of 99.783 billion yuan, a year-on-year increase of 0.55%, while the net profit attributable to shareholders of the listed company was 14.136 billion yuan, a year-on-year...
Haier Smart Home Reports Financial Results for H1 2024
Haier Smart Home posted financial results for the first half of 2024 on August 27. The company achieved total revenue of RMB 135.62 billion, marking a 3 % year-on-year growth. Net profit attributable to the parent company reached RMB 10.42 billion, showing a 16.3% increase.
Haier investing B10bn in Thai air-con plant
Haier, the Chinese consumer electronics and home appliance company, has invested 10 billion baht to set up its first air-conditioner manufacturing plant in Thailand to tap the rapid growth of the air-conditioner market in Thailand worth more than 1 billion baht.
China's electrical appliance giant Hisense to establish new factory in Egypt
Hisense Group, a Chinese multinational major appliance and electronics manufacturer, in partnership with the United Arab Emirates' FBB TECH company, signed on Thursday a land lease contract with Egypt-TEDA SEZone Development Company to build a new factory in the China-Egypt TEDA Suez Economic and...
LG Display Picks China’s TCL CSOT as Preferred Bidder for Guangzhou LCD Plants
LG Display has chosen TCL China Star Optoelectronics Technology as the preferred bidder for the South Korean firm's factories in Guangzhou that make 8.5-generation liquid crystal displays, as Korean companies further abandon the LCD television screen market.
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