on Qingdao Haier Co.,Ltd. (isin : CNE1000031C1)
Haier Smart Home Releases Q3 2026 Financial Results
Haier Smart Home has reported Q3 2026 revenue of RMB 69.70 billion, with a net profit attributable to shareholders reaching RMB 4.68 billion. Over the first nine months, the company's revenue totaled RMB 221.82 billion, maintaining a gross margin of 27.2% year-on-year.
In China, the company's market share rose, particularly in retail, with significant advancements in AI-driven refrigeration and laundry. Internationally, North America's GE Appliances and Europe's product innovations strengthened market positions. Rapid growth was observed in India's appliance market and solar-powered solutions in Pakistan.
The company emphasizes smart HVAC solutions, with increased efficiency and cost competitiveness in China, and aims to bolster R&D in European markets for eco-friendly air conditioning systems.
R. P.
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