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Hisense Kelon Electrical Holdings Co Ltd

Hisense Home Appliances Group Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of home appliances in the People's Republic of China and internationally. It operates through Air Conditioning Unit, Ice Cleaning Equipment, and Others segments. The company offers HVAC systems, refrigerators, residential air conditioners, central air conditioners, freezers, washing machines, kitchen appliances, molds, automotive air conditioning compressors, and automotive integrated thermal management systems, as well as comprehensive smart home solutions. It sells its products under the Hisense, Ronshen, Kelon, Hitachi, York, Gorenje, ASKO, and Sanden brands through its online store. In addition, the company engages in investing activities. The company was formerly known as Hisense Kelon Electrical Holdings Company Limited and changed its name to Hisense Home Appliances Group Co., Ltd. in October 2018. Hisense Home Appliances Group Co., Ltd. was founded in 1984 and is headquartered in Foshan, the People's Republic of China.

Price · split & dividend adjusted
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Hisense Home Appliances first-half net profit attributable to parent 1.658 billion yuan, down 20.2% year on year

Hisense Home Appliances released its 2026 interim report. First-half net profit attributable to the parent reached 1.658 billion yuan, down 20.2% year on year. Operating revenue was 46.766 billion yuan, down 5.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 1.332 billion yuan, down 26.7% year on year. Net operating cash flow was 3.235 billion yuan, down 39.2% year on year. Second-quarter net profit attributable to the parent was 623 million yuan, down 34.3% year on year. The company said the central air-conditioning market was under overall pressure, with market capacity down 10.8% year on year. Household air-conditioner retail volume and retail value fell 19.5% and 23.3% year on year respectively, but freezer market retail volume rose 13.8% year on year.
财中社·10dRead more ▾
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China Dominates the Economy Off the World Cup Pitch

China has emerged as the economic winner of the global sports spectacle, even though its national team did not qualify for the finals. It is the largest exporter of sporting goods and equipment, accounting for more than 40 percent of the global market, with export value reaching hundreds of billions of yuan. Jerseys and memorabilia for superstar players like Lionel Messi, Cristiano Ronaldo, Kylian Mbappé, and Erling Haaland are all produced in Chinese factories to meet demand from fans worldwide. Meanwhile, Chinese brands such as Hisense and Mengniu use pitch-side advertising boards to elevate their image on the international stage. In addition, Chinese manufacturers show flexibility in quickly switching production lines from sports goods to items for other shopping festivals once the craze subsides.
Kaohoon·36dRead more ▾