Midea Group Achieves 13.8% Revenue Growth in First Three Quarters

Midea Group announced its third-quarter 2025 results on October 29. The company reported RMB 363.06 billion in revenue for the first three quarters, representing year-on-year growth of 13.8 percent. Net profit attributable to shareholders of the parent company increased 19.5 percent to RMB 37.88 billion, while net profit attributable to shareholders excluding non-recurring items rose 22.3 percent to RMB 37.14 billion. In the third quarter, Midea recorded revenue of RMB 111.93 billion, up 10.1 percent from a year earlier. Net profit attributable to shareholders of the parent company grew 9 percent to RMB 11.87 billion, and net profit attributable to shareholders excluding non-recurring items increased 7 percent to RMB 10.90 billion.