on Qingdao Haier Co.,Ltd. (isin : CNE1000031C1)
Haier Smart Home Achieves Robust Q3 2025 Performance
Haier Smart Home Co., Ltd. reported substantial growth in the third quarter of 2025, with a 9.5% revenue increase to RMB 77.56bn. Net profit attributable to the parent company improved by 12.7%, reaching RMB 5.34bn. The company's nine-month operating cash flow was RMB 17.49bn.
Focusing on premium products and AI-driven efficiencies, Haier achieved significant advancements in product mix and margins. In China, product suite penetration grew, and customer interactions increased due to AI-enhanced operations, with the home air-conditioning division exhibiting over 30% revenue growth.
Globally, performance was buoyed by local manufacturing strategies. North America maintained stability, while HVAC sales in Europe increased by over 30%. Emerging markets also showed accelerated growth, particularly in the Middle East and Africa, where sales soared over 60% on a nine-month basis.
R. E.
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