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Gree Electric First-Half Net Profit Falls 7.87% to RMB 13.278 Billion

Published: Updated: By 24TopNews Editorial Desk

Gree Electric reported first-half 2026 revenue of RMB 89.398 billion, down 8.15% year-on-year, and net profit attributable to shareholders of RMB 13.278 billion, down 7.87%. The results reflect a decline in both top-line and bottom-line performance for the appliance maker.

Gree Electric reported its unaudited results for the first half of 2026. Revenue reached RMB 89.398 billion, a decrease of 8.15% from the same period a year earlier. Net profit attributable to shareholders of the listed company stood at RMB 13.278 billion, down 7.87% year-on-year.