Gree Electric Appliances Reports 0.55% Rise in Revenue, 11.54% Boost in Net Profit, with Air-Conditioning Business Soaring 11.38% in 2024 H1 Semi-Annual Results

Published: Sep 4, 2024 11:49

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Gree Electric Appliances released its semi-annual report for 2024, showing that during the reporting period, the company achieved an operating revenue of 99.783 billion yuan, up 0.55% year-on-year; its net profit attributable to shareholders of the listed company was 14.136 billion yuan, up 11.54% year-on-year. Among them, the revenue from the air-conditioning business increased by 11.38% year-on-year, accounting for 70.54% of the total revenue. In the first half of the year, the company's total foreign sales revenue was 14.825 billion yuan, up 15.64% year-on-year.

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