B · Normal
[Midea’s total revenue in the first three quarters was 369.1 billion yuan, and net profit attributable to its parent company was 41.4 billion yuan, both increases against the trend] On October 29, Midea Group released its third quarter report for 2026. In the first three quarters, it achieved total operating income of 369.1 billion yuan, and net profit attributable to its parent company was 41.4 billion yuan, a year-on-year increase of 9.3%. It bucked the trend and achieved both revenue and net profit growth. Among them, the net profit attributable to the parent company in the third quarter was 14.9 billion yuan, a year-on-year increase of more than 25%. In addition, Midea has completed repurchases of 13.3 billion yuan this year, of which 11.8 billion yuan belongs to the cancellation-type repurchase plan of 6.5-13 billion yuan, 100% of which is used to cancel and reduce registered capital. Up to now, Midea’s cumulative repurchase amount has exceeded 52 billion yuan, making it the “repurchase king” in A-share history.
A-share announcement express 🕐 2026-10-29 20:00

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