Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Company - Domestic
 Search News  Or
GD Midea sees 5.73% rise in H1 profit

Aug. 27, 2012 (China Knowledge) - GD Midea Holding Co Ltd<000527>, a leading Chinese home appliance manufacturer and distributor, has announced that its net profit climbed 5.73% YoY to RMB 2.09 billion in the first half of this year.

Earnings per share were RMB 0.62 during the period.

The company saw its operating revenue plunge 37.15% YoY to RMB 38.99 billion in the first six months, due in part to a high comparison figure and a slowing home appliance industry.

Gross profit margin at the washing machine sector rose 3.89 percentage points to 21.48% in H1, and that at air-conditioner sector grew 4.2 percentage points to 22.19%. However, the refrigerator sector saw its gross profit margin decline in the period.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved