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midea group co., ltd (000333): Q3 performance leads the industry, highlighting the value of going against the trend.
midea group co., ltd released its third quarter report for 2024, showcasing steady growth in domestic sales performance against the backdrop of weak domestic demand, highlighting its profound leading position. At the same time, relying on strong manufacturing capabilities and the foundation of international cooperation.
midea group co., ltd (000333): Good quality revenue growth exceeding expectations of equity holders.
The company disclosed the Q3 24 performance: revenue of 102.2 billion yuan (+8%), net income attributable to mother of 10.9 billion (+15%), non-net profit attributable to mother of 10.2 billion (+11%); Q1-3: revenue of 320.4 billion yuan.
Results: Midea Group Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
midea group co., ltd (000333): Strong growth in exports, continuous expansion of reservoirs.
Event: In Q1-Q3 24, the company achieved revenue of 318.97 billion yuan, a year-on-year increase of +9.57%; net income attributable to the parent company was 31.7 billion yuan, a year-on-year increase of +14.37%; non-net profit attributable to the parent company was 30.38 billion yuan, year-on-year
Express News | Guosen Securities: Cosco Shipping Holdings reported strong performance in the third quarter and maintains an 'outperform the market' rating.
Guolian: In 2024 Q3, the proportion of heavy holdings in the home appliance sector increased. The leading company in white goods is expected to benefit more from its operation.
In Q3 2024, the household electronics sector's heavy positions are ranked as follows: white goods (3.81%), upstream household appliances (0.67%), small appliances (0.57%), black goods (0.22%), lighting (0.12%), and kitchen appliances (0.02%).
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