Hisense Home Appliances released its 2026 interim report. First-half net profit attributable to the parent reached 1.658 billion yuan, down 20.2% year on year. Operating revenue was 46.766 billion yuan, down 5.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 1.332 billion yuan, down 26.7% year on year. Net operating cash flow was 3.235 billion yuan, down 39.2% year on year. Second-quarter net profit attributable to the parent was 623 million yuan, down 34.3% year on year. The company said the central air-conditioning market was under overall pressure, with market capacity down 10.8% year on year. Household air-conditioner retail volume and retail value fell 19.5% and 23.3% year on year respectively, but freezer market retail volume rose 13.8% year on year.
Hisense Kelon Electrical Holdings Co LtdFirst-half net profit down 20.2% and revenue down 5.2% year on year.
