HK Stock Market Move | HAIER SMARTHOME (06690) rises by more than 3% in the third quarter, with a year-on-year increase in net profit of 12.69%. Domestic and international market growth remains steady.

HAIER SMARTHOME (06690) rose more than 3%, rising by 3.01% to HK$25.34 as of the time of this report, with a turnover of HK$5.57 billion. On the news front, HAIER SMARTHOME released its performance for the first three quarters of 2025. The group achieved operating income of 234.054 billion yuan, a year-on-year increase of 9.98%; net profit attributable to shareholders of the listed company was 17.373 billion yuan, a year-on-year increase of 14.68%. Looking at the third quarter alone, the company achieved revenue of 77.56 billion yuan, a year-on-year increase of 9.51%, with a net profit of 5.34 billion yuan, a year-on-year increase of 12.69%. In the first three quarters of 2025, revenue in the China region increased by 9.5%; in the third quarter, revenue in the China region increased by 10.8% compared to the same period last year, with the revenue from the household air conditioning industry in the third quarter increasing by over 30%. The domestic multi-brand strategy continues to deepen, with coordinated efforts covering a diverse customer base. In the first three quarters, the high-end brand Casarte grew by 18%, and the Leader brand saw a revenue growth of 25%. In terms of overseas markets, revenue in the third quarter of 2025 increased by 8.25% compared to the same period last year, with a cumulative year-on-year growth of 10.5% in the first three quarters. In emerging markets, revenue in South Asia increased by over 25% in the first three quarters, Southeast Asia saw a growth of over 15%, and the Middle East and Africa region had a growth of over 60% compared to the same period last year.