"Other businesses" dragging down overall revenue gree electric appliances,inc.of zhuhai profit growth without revenue growth in the first three quarters | Interpretations
1. gree electric appliances,inc.of zhuhai did not increase profits in the first three quarters of this year, the net income attributable to the mother increased by 9.30% year-on-year, but the growth rate slowed compared to the same period in the previous two years; 2. The company stated that from the beginning of the year to the end of the reporting period, operating income increased by 2.9% year-on-year to 132.2 billion yuan, while other business income decreased by 45.3% to 14.52 billion yuan, mainly due to the company's adjustment of business structure.
How Is The Market Feeling About Whirlpool?
Whirlpool Corporation (WHR) Q3 2024 Earnings Call Transcript Summary
Whirlpool Sees FY24 Net Sales Of ~$16.9B Vs $16.78B Est.; Revising FY24 GAAP Earnings Per Diluted Share To ~$0.50 Primarily Impacted By The Non-Cash Charge Related To The Europe Transaction; Reaffirms FY24 Adj EPS Of ~$12 Vs $11.62 Est
Driven by the subsidy for trading in old appliances, the home appliance industry is expected to show strong growth in Q3! november 11 shopping festival-related has become a new starting point for explosive performance.
①Under the consumer goods trade-in policy, the retail sales of household appliances and audio-visual equipment for households of quota-exceeding units increased by 20.5% in September, a significant acceleration of 17.1 percentage points compared to August, with smart home appliances growing at over 30%. ②On the other hand, the real "peak season" for appliance subsidies lies in the november 11 shopping festival-related brought by e-commerce platforms.
Cailian Venture Capital Platform | In September, the pace of investment and financing in the capital markets slowed down. Midea Group Co., Ltd. achieved an "A+H" listing......
①In September 2024, there were 36 disclosed financing events in the domestic consumer sector, a year-on-year decrease of 52.6%; according to the disclosed investment and financing amounts, the cumulative financing amount in the consumer sector in April was 2.746 billion yuan, a decrease of 18.3%. ② From a data perspective, both the quantity and amount of investment and financing in September remain at a low level, with the market investment enthusiasm tending towards rationality.