Gree Electric Appliances,Inc.Of Zhuhai’s Net Profit Rose 11.9% in First Three Quarters 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 19.5 billion yuan in the first three quarters of 2023, up 11.9% year-on-year.

Meanwhile, the company posted 155 billion yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 385.9 billion yuan in total assets and 269 billion yuan in total liabilities, with a liability-to-asset ratio of 69.7%.