Haier Smart Home Co Ltd Class A

600690: XSHG (CHN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Haier Earnings: Sound Profitability on Continued Sales Growth and Cost Savings; Shares Attractive

Haier's third-quarter revenue and operating profit climbed by 10% and 20% year on year, respectively. Both domestic and overseas markets delivered solid earnings growth thanks to cost optimization. Management guided mid-single-digit revenue growth in the fourth quarter.

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