Midea Group Co Ltd Class A

000333: XSHE (CHN)
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Midea Earnings: More Positive Margin Forecasts Lift Valuation by 9%; Shares Undervalued

Midea's revenue and operating profit rose 5% and 8% year-on-year, respectively, in the second quarter of 2026. Artificial intelligence tools cut marketing and research costs by more than the rise in input costs. The interim dividend remains unchanged at CNY 0.5 per share.

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