Haier Smart Home 1H net income 12.03B yuan est, 11.13B yuan

Haier Smart Home 1H net income 12.03B yuan est, 11.13B yuan

Haier Smart Home, a leading player in the smart home appliance market, has reported its 1H 2025 net income, which stands at 12.03 billion yuan, up from 11.13 billion yuan in the corresponding period last year. This represents a significant increase of approximately 8% compared to the previous year.

The company's financial performance has been driven by strong sales growth, particularly in its smart home appliances segment. Revenue for the first half of 2025 reached 102.1 million yuan, marking a 2% increase over the prior corresponding period. This growth is attributed to increased demand for smart home devices, driven by advancements in technology and the growing adoption of smart home solutions.

Haier Smart Home has reaffirmed its current FY25 guidance, which includes revenue projections towards the low end of the $235 million to $260 million range and a positive full-year underlying EBITDA. The company's focus on innovation and expanding its product portfolio has positioned it well to meet these financial targets.

The company's earnings call transcript and historical earnings data further illustrate its financial health and strategic direction. Appen Limited, which provides data collection and annotation services, has also reported positive 1H 2025 results, with an improvement in underlying EBITDA and revenue growth of 2% compared to the prior corresponding period [1].

As the smart home market continues to expand, Haier Smart Home's strong performance in the first half of 2025 indicates a promising outlook for the remainder of the year and beyond. Investors and financial professionals should closely monitor the company's progress and future guidance to gauge its long-term growth prospects.

References:
[1] https://seekingalpha.com/news/4489886-appen-limited-reports-1h-results