Home Business Gree Electric released its first half of 2021 financial report compared with the same period in 2019, the revenue and net profit fell by 6.42% and 31.22%, respectively.

Gree Electric released its first half of 2021 financial report compared with the same period in 2019, the revenue and net profit fell by 6.42% and 31.22%, respectively.

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Abstract

[GreeElectric’sfirsthalfof2021earningsandnetprofitfell642%and3122%respectivelycomparedwiththesameperiodin2019]On August 22, Gree Electric (000651.SZ) announced its first half of 2021 annual report. The company achieved revenue of 91.052 billion yuan, a year-on-year increase of 31.01%, and net profit of 9.457 billion yuan, a year-on-year increase of 48.64%. Gree Electric’s performance in the first half of the year recorded a large increase, mainly due to the low base in the same period in 2020. Compared with the same period in 2019 when there was no epidemic, Gree Electric’s revenue and net profit in the first half of 2021 fell by 6.42% and 31.22%, respectively. In the first half of 2020, Gree Electric’s revenue and net profit fell by 28.57% and 53.73% year-on-year, respectively. (Zhitong Finance Network)

August 22,Gree Electric(000651.SZ) announced the annual report for the first half of 2021. The company achieved revenue of 91.052 billion yuan, a year-on-year increase of 31.01%.Net profitIt was 9.457 billion yuan, a year-on-year increase of 48.64%.Gree ElectricThe first half of the yearPerformanceThe large increase was mainly due to the low base in the same period in 2020. Compared with the same period in 2019 when there was no epidemic,Gree ElectricIn the first half of 2021, revenue and net profit fell 6.42% and 31.22%, respectively. In the first half of 2020, Gree Electric’s revenue and net profit fell by 28.57% and 53.73% year-on-year, respectively.

(Source: Zhitong Finance Network)

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