tiprankstipranks
Midea Group Reports Strong Q3 2024 Financial Performance
Company Announcements

Midea Group Reports Strong Q3 2024 Financial Performance

Midea Group Co. Ltd. Class H (HK:0300) has released an update.

Stay Ahead of the Market:

Midea Group Co., Ltd. reported impressive financial results for the third quarter of 2024, with a substantial increase in operating revenue and net profit. The company’s diverse segments, including Smart Home Solutions and Energy Solutions, contributed to a total revenue of RMB 215.4 billion, highlighting a robust year-on-year growth. The group’s financial health is further supported by significant gains in total assets and equity for shareholders.

For further insights into HK:0300 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App