Midea posted revenue of 278.216 billion Yuan, up by 7.14% year-on-year, and net profit attributable to shareholders of the parent company 24.211 billion Yuan, up by 19.68% year-on-year, according to the annual report 2019 released by the company on April 29, 2020.
For Q1 2020, the company posted revenue of 58.013 billion RMB, down by 22.86% year-on-year, and net profit attributable to shareholders of the parent company 4.8 billion RMB, down by 21.51% year-on-year, according to the Q1 report released on the same day.