Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Midea Net Profits Down 14.8% in 2008
Mar 11, 2009
 Printable format
 Email this Article
 Search

Chinese appliance maker Midea Group said that its net profits in 2008 were down 14.78% year-on-year to 1.03 billion yuan (approx. US$151 million), though its operating revenue rose 28.77% year-on-year. The company attributed the loss to the fluctuation of exchange rates and wavering prices of raw materials. But it also said that one year after acquiring Little Swan its sales in washing machines and refrigerators increased 136.8% to 4.22 billion yuan ($614 million).

Back to Daily News

 

Daily News

...........................................................

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

Jul 22, 2014: Whirlpool Launches Hybrid Heat Pump Dryer

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows