Midea Group released its performance report for Q3 on October 29 2021. According to the report, the company posted revenue of 87.532 billion Yuan for Q3, up by 12.66% year over year, net profit attributable to the parent company 8.446 billion Yuan, up by 4.4% year over year, and net profit attributable to the parent company after non-recurring profit and loss deduction 7.928 billion Yuan, up by 10.75% year over year.
For the first three quarters, Midea Group posted revenue of 261.342 billion Yuan, up by 20.57% year over year, net profit attributable to the parent company 23.455 billion Yuan, up by 6.53% year over year, and net profit attributable to the parent company after non-recurring profit and loss deduction 22.565 billion Yuan, up by 9.45% year over year.