Gree Electric Appliances Inc of Zhuhai Class A

000651: XSHE (CHN)
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Gree Earnings: Valuation Cut 7% on More Conservative Top-Line Forecasts, Shares Fairly Valued

Gree’s third-quarter 2026 revenue fell 8% year on year, while operating profit dropped 40%, reflecting weak home appliance sales, the exit from noncore businesses, and higher raw material costs. The company declared an unchanged interim dividend of CNY 1 per share for 2026.

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