On April 3, Changhong Meiling released its 2024 annual report. In 2024, the company achieved revenue of RMB 28.601 billion, up 17.32% year-on-year. Net profit attributable to shareholders was RMB 699 million, down 4.97%.
During the reporting period, revenue mainly came from refrigerators/freezers, air conditioners, washing machines, major kitchen appliances and portable appliances, and biomedical devices, totaling RMB 28.335 billion and accounting for 99.07% of total revenue.
By product, refrigerator/freezer revenue stood at round RMB 9.296 billion, up 5.53%; air conditioner revenue around RMB 15.407 billion, up 33.20%; washing machine revenue around RMB 1.747 billion, up 31.44%; major kitchen appliances and portable appliances revenue around RMB 1.492 billion, down 19.34%.
By region, domestic revenue was around RMB 18.352 billion, up 9.42%; overseas revenue around RMB 10.248 billion, up 34.75%.