Midea Group releases Q3 performance report

On October 31, Midea Group released its Q3 2023 performance report. During the first three quarters of 2023, Midea Group’s revenue was RMB 291.111 billion, a YoY increase of 7.67%, and its net profit attributable to shareholders was RMB 27.717 billion, a YoY increase of 13.27%. The report showed that for Q3 2023 alone, Midea Group’s revenue was RMB 94.1 billion, a YoY increase of 7.32%, and its net profit attributable to shareholders was RMB 9.5 billion, a YoY increase of 11.93%.