Gree Electric's net profit in the first half of 2023 reached 12.673 billion yuan, a year-on-year increase of 10.52%

News from this site on August 31, Gree Electric today released its annual report for the first half of 2023. In the first half of the year, it achieved operating income of 99.237 billion yuan, a year-on-year increase of 4.22%; achieved a net profit attributable to the parent company of 12.673 billion yuan yuan, a year-on-year increase of 10.52%.

Gree Electric Appliances stated that the company covers household air conditioners, HVAC, refrigerators, washing machines, water heaters, kitchen appliances, environmental products, etc. in the consumer field. Multiple products. The company owns three consumer brands: Gree, TOSOT, and Jinghong, as well as industrial brands such as Lingda, Kaibang, and Xinyuan.

This site found from the revenue composition table that Gree Electric Appliances 2023 The air-conditioning business still accounted for 70.54% of the revenue in the first half of the year, reaching 69.997 billion yuan, and the air-conditioning revenue increased by 1.82% year-on-year.

During the reporting period,

Gree Electric’s semiconductor product shipments exceeded 20 million units, and the cumulative shipment volume of self-developed chips and power devices More than 100 million units; developed products including 32-bit series MCU, AIoT SoC and power semiconductors, which can be widely used in consumer electronics, wearable devices, home products, health and medical accessories, commercial large-scale units, and industrial sensing , high-performance motor control and other fields.

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