Recently, Gree released the half-yearly report for thefirst half year of 2013, reporting sales revenue of 52.90 billion yuan (about8.47 billion USD) with an increase of 10.38% compared with the previous year andnet profit increased by 39.85% compared with the previous year.
During the report period, the gross profit ratio of thecompany was 29.15%, an increase of 5.4% over previous year. While the gross profitratio of air conditioner was 29.54%, an increase of 5.64% over previous year.
During the report period, Gree launched the innovativeproducts such as Crown series with two-stage inverter compression technology,high quality water purifier and air purifier which can efficiently removePM2.5. Thanks to the good market of these new products, Gree still maintainsrapid growth in revenue and net profit.
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