Financial Report
-
Gree Reports ¥97.325 Billion Revenue in H1, Down 2.46%; Net Profit Reaches ¥14.412 Billion
Gree Electric Appliances reported a slight revenue decrease of 2.46% to ¥97.325 billion in its 2025 H1 report, while net profit rose 1.95% to ¥14.412 billion. The company will not distribute dividends. Livestreaming e-commerce generated over ¥5 billion in sales, contributing to consumer engagement. Gree also highlighted its extensive online and offline sales network. Recently, Gree and Xiaomi engaged in a public dispute over air conditioner sales rankings, underscoring market competition.
-
iFlytek’s Interim Report: AI Office Hardware Overseas Sales Up Over 300%, Poised for New Growth
iFlytek’s H1 2025 financial report reveals a 17.01% YoY revenue increase, exceeding 10 billion yuan for the first time. Gross profit rose by 17.12%. Growth was driven by AI-powered office hardware, with overseas sales surging over 300%. The AI Office Notebook demonstrated success in Japan and South Korea. iFlytek also launched the X5, the world’s first local LLM smart office notebook, aimed at enhancing productivity and data privacy.
-
STMicroelectronics Releases First Half 2025 Financial Results
STMicroelectronics (STM) released its IFRS 2025 Semi-Annual Accounts on August 20, 2025, for the period ending June 28, 2025. The reports, prepared according to IFRS-EU standards, are accessible on the company’s website (www.st.com) and the Netherlands Authority for the Financial Markets (AFM) website (www.afm.nl). STM, a global semiconductor leader, employs 50,000 innovators and is committed to carbon neutrality.
