On the evening of October 30, Gree Electric, Midea Group, Qingdao Haier, Hisense Electric and other home appliance giants announced their third-quarter results. Due to the overall weakness of the industry, the overall growth rate of the home appliance sector slowed down, but Gree’s performance increased. The speed still maintains a high level. In addition, the securities company has made significant reductions in the first three companies, only to increase the holdings of Hisense Electric, which has experienced a decline in performance.
In the first three quarters, Gree Electric achieved a revenue of 148.689 billion yuan, a year-on-year increase of 34.11%; net profit attributable to shareholders of listed companies was 21.118 billion yuan, an increase of 36.59%.
Midea Group achieved revenue of 205.575 billion yuan in the first three quarters, up 10.06% year-on-year; net profit attributable to shareholders of listed companies was 17.9 billion yuan, up 19.35% year-on-year. Qingdao Haier achieved revenue of 138.139 billion yuan in the first three quarters, up 12.77% year-on-year. %; net profit attributable to shareholders of listed companies was 6.127 billion yuan, an increase of 9.35%.
Hisense Electric achieved revenue of 23.746 billion yuan in the first three quarters, up 3.77% year-on-year; net profit attributable to shareholders of listed companies was 600 million yuan, down 39.26% year-on-year.
The securities company's adjustment trend also attracted market attention. The securities company reduced the holding of Gree Electric's 51.529 million shares, and its shareholding fell to 2.99%. The securities company reduced the holding of the US group of 73.289 million shares, and its shareholding fell to 2.98%. The company reduced its holding of Qingdao Haier by 116 million shares, and its shareholding fell to 2.99%. The securities company increased its holding of 4,689,800 shares of Hisense Electric, and its shareholding rose to 3.26%.
