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