Gree Electric Appliances posted revenue of 33.189 billion Yuan in Q1 2021, up by 62.73% year-on-year, net profit attributable to shareholders of the listed company 3.443 billion Yuan, up by 120.98% year-on-year, and net profit attributable to shareholders of the listed company after non-recurring profit and loss deduction 3.299 billion Yuan, up by 130.80% year-on-year, according to the Q1 report released by Gree Electric Appliances on April 29 2021.
The company also unveiled its financial report for 2020. According to it, revenue of Gree Electric Appliances came to 168.199 billion Yuan in 2020, down by 15.12% year-on-year, net profit attributable to shareholders of the listed company 22.175 billion Yuan, down by 10.21% year-on-year, and net profit after non-recurring profit and loss deduction 20.286 billion Yuan, down by 16.08% year-on-year.