Gree Electric Appliances,Inc.Of Zhuhai’s Net Profit Rose 14.1% in First Half of 2023

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 12.4 billion yuan in the first half of 2023, up 14.1% year-on-year.

Meanwhile, the company posted 99.2 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 398.6 billion yuan in total assets and 288.4 billion yuan in total liabilities, with a liability-to-asset ratio of 72.4%.