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Gree Electric Appliances, of Zhuhai Logs 11% Rise in 2024 Profit; Shares Climb 4%
Gree Electric: 2024 Annual Report Summary
Gree Electric: 2024 Annual Report
Gree Electric: Report for the first quarter of 2025
Gree Electric Appliances, Inc. of Zhuhai's net income increased by 11% last year, and there are subtle changes in the income composition classification that has been used for three years.| Interpretations
① Gree Electric Appliances, Inc. of Zhuhai's net income attributable to shareholders in 2024 grew by only about 11% compared to the previous year. The weakness in growth of traditional home appliances is an undeniable fact, and finding new performance increments is one of the most important issues facing these manufacturers. ② In the 2024 annual report, Gree Electric Appliances, Inc. of Zhuhai adjusted the revenue composition that had been used for many years, which may reveal the psychological changes of Gree Electric Appliances, Inc. of Zhuhai when facing diversification issues.
Express News | Gree Electric Appliances Says Q1 Net Profit up 26.3% Y/Y