Midea Group Co Ltd 2023 AR2

The report highlights Midea Group's financial and operational performance for the fiscal year 2023, achieving a record total revenue of RMB 373.7 billion and a net profit of RMB 33.7 billion. It outlines the company's strategic focus on 'Technology Leadership, Direct to Users, Digitization & Intelligence Driven, and Global Impact' across its Smart Home, Energy Solutions, and Intelligent Building Technology sectors. The report details Midea's green manufacturing achievements, including having 28 national-level green factories and recycling 2.6 million discarded home appliances. Additionally, it showcases the company's progress in global expansion, digital transformation, and technological innovations such as the R290 eco-friendly refrigerant technology.

Company: Midea Group Co Ltd

Sector: Consumer Discretionary

Country: China

Year: 2023

Type: AR2

Pages: 373

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Midea Group Co Ltd

Midea Group Co Ltd 2023 Annual Report

Annual Report

The report highlights Midea Group's financial and operational performance for the fiscal year 2023, achieving a record total revenue of RMB 373.7 billion and a net profit of RMB 33.7 billion. It outlines the company's strategic focus on 'Technology Leadership, Direct to Users, Digitization & Intelligence Driven, and Global Impact' across its Smart Home, Energy Solutions, and Intelligent Building Technology sectors. The report details Midea's green manufacturing achievements, including having 28 national-level green factories and recycling 2.6 million discarded home appliances. Additionally, it showcases the company's progress in global expansion, digital transformation, and technological innovations such as the R290 eco-friendly refrigerant technology.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Published

Mar 1, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees