Net profit of Midea up 3.43% YoY in 2022

Midea Group posted revenue of 345.7 billion Yuan for year 2022, up 0.68% YoY, and net profit attributable to shareholders of the parent company 29.6 billion Yuan, up 3.43% YoY, of which revenue from HAVC business 150.6 billion Yuan, up 6.17% YoY, accounting for 43.8% of the total revenue; consumer appliance business 125.3 billion Yuan, down 4.99% YoY, accounting for 36.43% of the total revenue; robot business 29.9 billion Yuan, up 9.7% YoY, according to the financial report of 2022 released by the company on April 28, 2023.