Gree Electric Appliance: the net profit in the first three quarters was 18.304 billion yuan, an increase of 17% over the same period last year.

CTOnews.com, October 30 news, this afternoon, Gree Electric Appliances issued an announcement that revenue in the first three quarters of 2022 was 147.489 billion yuan, up 6.77 percent from the same period last year, and net profit was 18.304 billion yuan, up 17.00 percent from the same period last year.

In the third quarter, Gree's revenue was 52.267 billion yuan, an increase of 11.01% over the same period last year, and its net profit was 6.838 billion yuan, an increase of 10.50% over the same period last year.

CTOnews.com reported that in the first half of this year, Gree's operating income was 95.222 billion yuan, an increase of 4.58% over the same period last year, and its net profit was 11.466 billion yuan, an increase of 21.25% over the same period last year.

According to reports, Gree Electric Appliance is a diversified, technology-based global industrial group, with Gree, TOSOT, Jinghong three major consumer brands and Lingda, Capang, Xinyuan and other industrial brands. In terms of household air conditioners, according to data released by Euromonitor International, an authoritative market research firm, Gree's global market share reached 20.2% in 2021, once again ranking first in the world.