2021-10-29-深交所-美的集团_2021年第三季度报告（英文版）_13页_490kb

Midea Group Co., Ltd. Third Quarter 2021 Interim Report Summary

This interim report covers Midea Group's financial performance for the third quarter of 2021. The company reported steady growth in key financial indicators, with operating revenue increasing by 12.66% year-over-year to RMB 87,532,404,000. Net profit attributable to shareholders rose by 4.40% to RMB 8,446,204,000, while net profit before non-recurring items increased by 10.75%. The report highlights an 11.52% year-over-year growth in operating cash flows to RMB 27,896,744,000.

Significant changes in financial statements are attributed to factors such as decreased cash and deposits, increased investments, and business acquisitions. For instance, cash and bank balances fell due to reduced term deposits, while advances to suppliers grew from increased material sourcing. The report indicates no material non-recurring gains or losses, and shareholder information shows major holdings by entities like Midea Holding Co., Ltd. and individual investors.

Overall, the un-audited report reflects positive operational trends, including a 20.57% increase in total operating revenue for the first nine months, driven by expanded business activities and efficient management. The Board of Directors warrants the accuracy and completeness of the disclosed information.