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Gree Electric Appliances (000651.SZ) reports 37pct net profits growth in Q1-3

October 31, 2018


Abstract : Gree Electric Appliances, Inc. (000651.SZ) Tuesday reported its net profits in the first three quarter of 2018 went up 36.59 percent year on year to be 21.118 billion yuan.

格力集团

BEIJING, Oct. 31 (Xinhua) -- Gree Electric Appliances, Inc. (000651.SZ) Tuesday reported its net profits in the first three quarter of 2018 went up 36.59 percent year on year to be 21.118 billion yuan.

According to a filing to the stock exchange, the company's operating revenue during the period amounted to148.699 billion yuan, growing 34.11 percent from a year ago.

Among its top ten shareholders, China Securities Finance Corporation's stake in the company declined to 2.99 percent in the third quarter from 3.85 percent at the end of the second quarter.

(Edited by Yang Qi, kateqiyang@xinhua.org)


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