Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Wu Yanzu in South China for the delivery of clues! CTOnews.com April 30 news, Gree Electric Appliance released the first quarter report of 2023 on April 29, with revenue of about 35.456 billion yuan in the first quarter, an increase of 0.56 percent over the same period last year; net profit belonging to shareholders of listed companies was about 4.109 billion yuan, up 2.65 percent from the same period last year; and basic earnings per share was 0.73 yuan, up 7.35 percent from the same period last year.

In addition, Gree Electric Appliance's net cash flow from operating activities reached 15.065 billion yuan in the first quarter of 2023, a year-on-year increase of 343.84%. The report said the change was mainly due to an increase in cash received from the sale of goods and services.

Gree Electric Appliances also released the 2022 annual report, with revenue of 190.151 billion yuan in 2022, an increase of 0.26% over the same period last year, and net profit belonging to shareholders of listed companies was 24.507 billion yuan, up 6.26% from the same period last year.

CTOnews.com learned from another announcement that on April 28, 2023, Gree Electric Appliances held the 12th meeting of the Board of Directors and the 10th meeting of the 12th session of the Supervisory Committee to examine and pass the "Bill on the use of its own idle funds for Investment and Financial Management" and agreed that the company intends to use the total amount not to exceed RMB 20 billion to carry out low-and medium-risk investment and financial management business.

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