May 05, 2023 08:00 AM

Midea Group Co.,Ltd.’s Net Profit Rose 2.7% in 2022

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Midea Group Co.,Ltd. (美的集团股份有限公司) (000333.SZ) reported a net profit of 29.8 billion yuan in 2022, up 2.7% year-on-year.

Meanwhile, the company posted 343.9 billion yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 422.6 billion yuan in total assets and 270.6 billion yuan in total liabilities, with a liability-to-asset ratio of 64.1%.

This article was automatically produced by Caixin Automation on May 8, 2023.

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