Gree Electric Appliances: Net profit in 2024 increased by 10.91% year-on-year, planning to distribute a dividend of 10 yuan per share.

Gree Electric Appliances disclosed its annual report on the evening of April 27th. In 2024, the company achieved operating income of 189.164 billion yuan, a year-on-year decrease of 7.26%; net profit was 32.185 billion yuan, a year-on-year increase of 10.91%; basic earnings per share were 5.83 yuan. The company plans to distribute a cash dividend of 20 yuan for every 10 shares. On the same day, Gree Electric Appliances also disclosed its first quarter report for 2025. In the first quarter, the company achieved operating income of 41.507 billion yuan, a year-on-year increase of 14.14%; net profit was 5.904 billion yuan, a year-on-year increase of 26.29%.