Qingdao Haier releases its 2017 Annual Report
According to Qingdao-based Haier’s 2017 Annual Report freshly released on April 3rd, Haier posted revenue of 159.254 billion RMB, a year-on-year rise of 33.68%, with profit up by 28.77% year-on-year to register 10.544 billion RMB. Net profit attributable to shareholders of the parent company came...
Midea's preliminary transformation results in 51% increase in total revenue
According to Midea Group’s 2017 Annual Report, it achieved total revenue of RMB241.92 billion, up 51.35% compared to 2016; net profit of RMB18.61 billion, representing a year-on-year increase of 17.33%; net profit attributable to shareholders of the company of RMB17.28 billion, growing 17.70%...
TCL released its 2017 Annual Report
TCL Group released its 2017 Annual Report on April 12th 2018. According to the report, TCL Group posted revenue of 111.58 billion RMB in 2017, up by 4.79% year-on-year from 106.47 billion RMB of 2016, net profit attributable to shareholders of listed company 2.665 billion RMB, up by 66.32% year-on...
Haier Plans to Issue Up to 400 Million D-Shares in Germany
Chinese home appliance maker Qingdao Haier Co. reiterated yesterday that it plans to float an initial public offering on the D-share market in Germany but has still not confirmed that the listing will occur.
Read More →Haier, 5i5j team up on rental business
The leading Chinese real estate agency 5i5j Group has formed a partnership with Haier Financial Holdings for long-term rental business on on March 26., making a move in China's heated long-term rental market.
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