Midea Group (Stock Code: 0300) reported a 13.82% year-on-year increase in operating revenue, reaching RMB363.06 billion for the nine months ended 30 September 2025. Net profit attributable to shareholders rose 19.51% to RMB37.88 billion, while net profit excluding non-recurring items grew 22.26%. The company also reported a weighted average return on net assets of 16.79%.

Revenue contributions from Energy Solutions & Industrial Technology reached RMB30.6 billion, Intelligent Building Technology RMB28.1 billion, and Robotics & Automation RMB22.6 billion, recording respective year-on-year increases of 21%, 25%, and 9%. Meanwhile, net cash flows from operating activities stood at RMB57.07 billion, marking a 5.31% decrease compared to the same period last year.

During the Reporting Period, Midea Group reclassified certain quality guarantee expenses from selling and marketing expenses to cost of sales. This adjustment aimed to align financial reporting with the latest accounting standards. Major changes on the balance sheet included a reduction in cash at bank and on hand, primarily due to higher financing outflows, as well as a rise in treasury shares following share repurchases.

The report remains unaudited, and the financial figures adhere to China Accounting Standards for Business Enterprises.