Midea Group 1H total revenue, 252.33B yuan

Midea Group 1H total revenue, 252.33B yuan

Midea Group has reported impressive 1H 2025 results, with total revenue reaching 252.33 billion yuan, up significantly from the previous year. The company's robust performance was driven by strong growth across its various business segments, including real estate, home appliances, and industrial equipment.

Key highlights from Midea Group's 1H 2025 financial performance include:

- Revenue Growth: The company's total revenue for the first half of 2025 was 252.33 billion yuan, representing a substantial increase from the previous year. This growth was fueled by strong demand in the real estate sector, as well as continued expansion in home appliances and industrial equipment.

- Real Estate Segment: Midea Real Estate Holding Limited reported earnings results for the half-year ended June 30, 2025. The company's sales for the period were 1,996.59 million yuan, a significant increase from 1,413.03 million yuan in the same period last year. Net income for the period was 305.46 million yuan, down from 375.87 million yuan a year ago, primarily due to higher operating expenses.

- Home Appliances and Industrial Equipment: Midea's home appliances and industrial equipment segments also contributed to the company's overall revenue growth. The company's strategic focus on innovation and expansion in these sectors has driven strong demand and increased profitability.

Midea Group's management has expressed confidence in the company's ability to maintain this growth trajectory in the second half of the year. The company's robust financial performance and strong market position suggest that it is well-positioned to continue delivering value to its shareholders.

References:
[1] https://www.marketscreener.com/news/midea-real-estate-holding-limited-reports-earnings-results-for-the-half-year-ended-june-30-2025-ce7c50ded08df123