Midea Group Reports 2021 Annual Performance: Revenue and Profit Hit Historical High
Midea Group Co., Ltd. (000333.SZ) has published its 2021 annual report. The company’s total revenue grew 20.2% in 2021, reaching an all-time high of RMB343.4 billion. Despite the pandemic’s numerous hurdles, including global supply chain challenges and rising costs in raw materials and shipping, Midea achieved RMB29 billion in net profit, a YoY increase of 5.5%, showing continued […]
