Gree Electric Appliances,Inc.Of Zhuhai’s Net Profit Rose 47.7% in First Half of 2021

Gree Electric Appliances,Inc.Of Zhuhai (珠海格力电器股份有限公司) (000651.SZ) reported a net profit of 9.5 billion yuan in the first half of 2021, up 47.7% year-on-year.

Meanwhile, the company posted 91.1 billion yuan in revenue, up 30.3% year-on-year.

At the end of the reporting period, it had 311.9 billion yuan in total assets and 211.9 billion yuan in total liabilities, with a liability-to-asset ratio of 67.9%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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