Haier's mid-term profit rose 15.35% year-on-year

As of the end of June, Haier Electric (01169)'s interim profit rose 15.35% year-on-year to 821 million yuan (RMB, the same below), earnings per share of 32.69 points, no interim dividend. Zhou Yunjie, chairman of the performance announcement, will continue to promote the process of the platform , To provide online and offline services for more third-party brands, and confident that the growth rate of washing machines will rebound in the second half of the year.

Upgrading appliances continuous feed <br> <br> As for the gross margin in the first half washing machine business was 26.9%, down 0.9 percentage points yoy, yoy water heater business also fell 7.5 percentage points to 34.4%, mainly due to the period The internal sales function was transferred to the channel integrated services business, and the sales expense ratio also decreased accordingly. During the period, the overall gross profit margin of the channel integrated services business increased by 1 percentage point year-on-year to 9%, which was mainly due to the increase in the third and fourth-tier markets of the Group. The sales function assumes more marketing and promotion work, which in turn leads to an increase in gross profit margin and an increase in sales and administrative expenses.

Zhou Yunjie said that although the energy-saving subsidies policy expires at the end of May this year, it has reduced the share of small brands that used to rely on policy dividends to survive further, and believes that the trend of upgrading household appliances can still be maintained.

He pointed out that through the introduction of new products for different levels of market demand and e-commerce channels, it is confident that the growth rate of washing machines will pick up in the second half of this year.

Hisense expected to recover arrears have good news <br> <br> In addition, according to the "Shanghai Securities News" quoted Hisense Kelon (00921) refers to executives, Hisense Kelon suspension on Tuesday with Greencool case has new progress Relevant, and that progress is in a good direction. The report said that it is related to the recovery of about 300 million yuan in arrears.