Gree Electric Appliances (SHE:000651) booked a net profit attributable to shareholders of 14.1 billion yuan in the first half of the year, up 11.5% from 12.7 billion yuan a year earlier, according to a Saturday filing on the Shenzhen Stock Exchange.
The Chinese home appliance manufacturer's earnings per share climbed year on year to 2.56 yuan from 2.26 yuan.
The Chinese property developer generated an operating income of 99.8 billion yuan, up 0.6% from 99.2 billion yuan the previous year.
Shares of the company increased more than 1% in recent trade.
Price (RMB): ¥40.34, Change: ¥+0.64, Percent Change: +1.61%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments