Haier Smart Home delivered revenue of RMB 227.556 billion, representing 15.8% growth of organic revenue (excluding impact from disposed businesses), and net profit attributable to the owner of the parent company was RMB 13.067 billion, representing growth of 47.1% from 2020, according to the annual report of the company released on March 30 2022. In 2021, the Company's cash flow from operating activities was RMB 23.130 billion, representing increase of RMB 5.52 billion from 2020.
It’s worth noting that overseas business achieved record-high profitability with operating profit up 48.1% from 2020. Plus, the high-end products of the company also posted strong performance: Casarte’s sales revenue crossed RMB 10 billion mark and reached RMB 12.9 billion, representing a year-on-year increase of more than 40%, which is a double-digit growth for the fifth consecutive year.