Gree Electric issued an announcement saying,It is expected that the net profit attributable to the parent company in 2023 will be 27 billion yuan to 29.3 billion yuan, a year-on-year increase of 10.2% to 19.6%; the total operating income will be 205 billion yuan to 210 billion yuan.Basic earnings per share were 4.82 yuan/share-5.23 yuan/share, compared with 4.43 yuan/share in the same period last year. Previously,Gree's annual revenue reached 200 billion only in 2018 (200 billion) and 2019 (200.5 billion). This year's revenue will hit a record high.
The previous year with the highest net profit attributable to the parent company was 2018 (26.203 billion), and this year’s net profit attributable to the parent company will also hit a record high.
Gree said that the main reason for the change in performance is that in 2023, the company's operating performance will be stable and upward, with both revenue and profit increasing compared with the same period last year.
The company has always focused on the main business of air conditioning, adhered to the orientation of consumer demand, enriched product categories, and actively expanded sales channels; at the same time, the company continued to carry out industrial transformation and continued to make efforts in diversified fields such as high-end equipment, industrial products, green energy, and create more leading technologies to provide growth momentum for performance.
In August this year, Dong Mingzhu responded to Gree's failure to make the Fortune Global 500: "I'm not sad if I don't make the Fortune 500, and don't be too happy if I make the Fortune 500. Just stick to your current situation and make the company a century-old enterprise. That's the end."