Midea Group's revenue in 2023 will be 372 billion yuan, a year-on-year increase of 8.18%, and dividends will be 20.8 billion yuan

According to news from this website on March 28, Midea Group recently announced that it will achieve operating income of 372.037 billion yuan in 2023, a year-on-year increase of 8.18%; net profit attributable to shareholders of listed companies is 33.72 billion yuan, a year-on-year increase of 14.10%; basically every Share income was 4.93 yuan, a year-on-year increase of 13.59%.

Midea Group announced that it plans to distribute a cash dividend of 30 yuan for every 10 shares. The total amount of dividends this time is 20.8 billion yuan, accounting for 10% of the net profit attributable to the parent company. The profit exceeded 61.5%, was the year with the highest dividend ratio in history.

In 2023, financial report data shows that Midea’s three major ToB business revenues of new energy and industrial technology, robots and automation, and smart building strategy technology will be 27.9 billion yuan (a year-on-year increase of 29%) and 31.1 billion yuan (a year-on-year increase) respectively. 12% growth), 25.9 billion yuan (14% year-on-year growth).

Looking forward to 2024, Midea Group has proposed three upgrade goals:

• Business model Upgrade , adhere to the priority strategy of DTC (direct-to-consumer) in the Chinese market and overseas OBM (OEM operating own brands), and continue to increase overseas after-sales service, logistics, brand and other infrastructure construction.

• Structural upgrade, increase the introduction of global leading talents, experts, scientists and other outstanding personnel.

• Industrial Upgrading, continue to promote the balanced development of ToC and ToB businesses.

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