Gree Electric Appliances,Inc.Of Zhuhai’s Net Profit Rose 11.2% in First Three Quarters of 2022

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 17.4 billion yuan in the first three quarters of 2022, up 11.2% year-on-year.

Meanwhile, the company posted 147.5 billion yuan in revenue, up 6.3% year-on-year.

At the end of the reporting period, it had 354.8 billion yuan in total assets and 253.7 billion yuan in total liabilities, with a liability-to-asset ratio of 71.5%.