Haier Smart Home posts strong H1 2025 results, announces share repurchases

Haier Smart Home Co., Ltd. reported a 10.22% increase in operating revenue to RMB156.49 bn and a 15.59% rise in net profit attributable to shareholders, reaching RMB12.03 bn for the first half of 2025. This strong performance was supported by domestic market growth and an 11.7% increase in overseas revenue. The company also declared a cash dividend of RMB2.69 per 10 shares.

In line with its strategic financial management, Haier Smart Home announced a share repurchase program. As of September 30, 2025, the company had cumulatively repurchased 40,482,500 A-shares, representing 0.431% of its total share capital, at a total cost of RMB1.01 bn. Concurrently, directors and senior management voluntarily increased their holdings, acquiring 985,800 shares totaling RMB21.06m, demonstrating confidence in the company's future prospects.

Additionally, Haier Smart Home provided a total of RMB8.46 bn in external guarantees for its subsidiaries as of the announcement date, representing 7.603% of its 2024 audited net assets. This includes a guarantee for Fisher & Paykel Appliances Limited, a wholly-owned subsidiary, amounting to NZ$250,000,000. These guarantees are within approved limits, aligning with the company’s business needs and long-term development strategy.