Hisense Home Appliances achieves record high revenue and net profit in 2023

Hisense Home Appliances released its annual report for 2023 on the evening of March 29, 2024. The report showed that the company achieved revenue of 85.6 billion yuan in 2023, an increase of 15.5% year-on-year; the net profit attributable to the parent company was 2.84 billion yuan, a significant increase of 97.7% year-on-year; the net profit attributable to the parent company after non-recurring profit and loss deduction was 2.36 billion yuan, a substantial increase of 160.1% year-on-year; the net cash flow generated from operating activities was 10.61 billion yuan, an increase of 163.2% year-on-year; the basic earnings per share were 2.08 yuan/share, an increase of 98.1% year-on-year. The company’s revenue and net profit reached historical highs.