On August 26, 2026, Gree Electric published a report: revenue of 893.98 billion yuan (−8.15% y/y), net profit of 132.78 billion yuan (−7.87% y/y). Domestic sales increased by 1.9%, exports fell by 22%. The profit margin slightly increased to 14.81%. The main contributors to the decline were overseas markets and rising raw material prices.
Brand news · August 28, 2026 · 1 min read
Gree Electric published its 2026 half-year report: revenue and net profit declined
On August 26, 2026, Gree Electric published a report: revenue of 893.98 billion yuan (−8.15% y/y), net profit of 132.78 billion yuan (−7.87% y/y). Domestic sales increased by 1.9%, exports fell by 22%. The profit margin slightly increased to 14.81%. The main contributors to the decline were overseas markets and rising raw material prices.