Haier Smart Home reports declines in H1 revenue and profit
Haier Smart Home reported H1 revenue of 152.115 billion yuan, down 2.8% year-on-year, and H1 net profit of 10.316 billion yuan, down 14.27% year-on-year. Four of China’s seven major appliance makers posted lower profits in the first half of 2026, signaling pressure on domestic demand and overseas profitability.
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