Haier Smart Home reports 10.1% revenue increase for Q1 2025

** Haier Smart Home (HKEX:6690) reported a 10.1% year-over-year increase in revenue, reaching RMB 79.118 billion for the first quarter of 2025, as highlighted in its unaudited report, with net profit attributable to shareholders reaching RMB 5.487 billion, a 15.09% increase. The surge in revenue was fueled by a 7.8% growth in the Chinese market and more than 20% revenue growth in overseas markets. With a focus on technological innovation, global operations, and digital transformation, Haier has implemented scenario-based solutions, accelerated digitalization, and strengthened its presence in both domestic and international markets. The report outlines that the Company is in compliance with the Listing Rules of the Hong Kong Stock Exchange, and that its governance structure and internal controls are operating effectively. While the global economic landscape continues to present uncertainties, the company has expressed confidence in delivering sustainable growth through this strategic approach.