Haier Smart Home Reports 14.999 Billion Yuan Net Profit Attributable to Parent in First Three Quarters

Stock News10-29

Haier Smart Home Co., Ltd. (06690) has released its results for the first three quarters of 2026, reporting operating revenue of approximately 221.819 billion yuan, net profit attributable to shareholders of the listed company of approximately 14.999 billion yuan, and basic earnings per share of 1.64 yuan.

In the third quarter of 2026, the company achieved operating revenue of 69.704 billion yuan and net profit attributable to shareholders of the listed company of 4.682 billion yuan, representing year-on-year declines of 10.13% and 12.31%, respectively, compared with the same period in 2025.

During the reporting period, fluctuations in exchange gains and losses and one-off expenditures had a significant impact on profits. First, due to the appreciation of the renminbi, exchange losses recorded in financial expenses for the quarter amounted to 502 million yuan, while hedging gains reached 138 million yuan, resulting in a net exchange loss of 364 million yuan after offsetting (compared with exchange gains of 134 million yuan on a comparable basis in the same period of 2025), meaning the loss caused by exchange gain and loss fluctuations increased by 498 million yuan year-on-year. Second, the company proactively advanced the reshaping of its global supply chain and the integration of its overseas regional platforms, generating one-off related expenditures of approximately 500 million yuan.

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