HAIER SMARTHOME (06690) recorded a net profit attributable to the parent company of 4.652 billion yuan in the first quarter, a year-on-year decrease of 15.22%.

HAIER SMARTHOME (06690) announces that in the first quarter of 2026, the company achieved revenue of 73.687 billion yuan, a decrease of 6.86% compared to the same period in 2025; net profit attributable to shareholders of the listed company was 4.652 billion yuan, a decrease of 15.22% compared to the same period in 2025, but an improvement compared to the fourth quarter of 2025. The company's profit performance in the first quarter of 2026 was under pressure, mainly due to extreme weather conditions in North America, with a decline of about 10% in the industry, and the increase in tariff costs compared to the same period last year dragging down the company's performance in the North American market. Excluding the impact of the North American market, the company's operating profit in the first quarter increased by more than 10%, maintaining a good operational resilience.