Haier Smart Home 2024 Profit Up 13%; Shares Fall 3%

MT Newswires Live
03-28

Haier Smart Home (SHA:600690, HKG:6690) posted 2024 net profit attributable to shareholders of 18.7 billion yuan, or 2.02 yuan per share, up 13% from 16.6 billion yuan, or 1.78 yuan per share, the previous year.

The home appliances company's revenue climbed 4.3% year over year to 286.0 billion yuan from 274.2 billion yuan, according to a filing with the Shanghai bourse.

Haier Smart Home declared a 2024 dividend of 0.965 per share.

Shares of the company fell 3% in recent trade on the Shanghai bourse and 5% on the Hong Kong bourse.

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