Gree Electric Appliances,Inc.Of Zhuhai’s Net Profit Rose 0.8% in 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 23 billion yuan in 2022, up 0.8% year-on-year.

Meanwhile, the company posted 189 billion yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 355 billion yuan in total assets and 253.1 billion yuan in total liabilities, with a liability-to-asset ratio of 71.3%.