Gree 2025 profit falls nearly 10%

Gree Electric reported a 2025 net profit of RMB 29.003 billion, down 9.89% YoY. Total revenue for the period reached RMB 170.448 billion, also a 9.89% decline. Despite the profit drop, the company's operating cash flow rose 57.93% to RMB 46.383 billion. Gree maintained its leading position in the domestic central air conditioning market with a 15% share.