Gree Electric Appliances: Net Profit Reaches 29.017 CNY Billion in 2023,

Gree Electric Appliances disclosed its annual report for 2023. The report reveals that in 2023, Gree Electric Appliances achieved an operating income of CNY 203.979 billion, a year-on-year increase of 7.93%. The net profit attributable to the shareholders of the listed company reached CNY 29.017 billion, marking an 18.41% increase from the previous year Furthermore, during the reporting period, Gree Electric Appliances’ products were sold to more than 190 countries and regions, with overseas business achieving operating income of CNY 24.904 billion, and the proportion of independent brands accounting for nearly 70%, an 8% increase year-on-year.

Whirlpool Results

Whirlpool communicates the results of the fourth quarter of 2023, in the name of cost reduction that will continue in 2024: closing of transaction with Arcelik in Europe expected in April
β€œ In 2023, we saw a more than one-point increase in market share in North America and cost reductions of approximately $800 million , as expected. Looking ahead to 2024, we expect to further revise our cost structure with an additional reduction of $300 – $400 million, while the transformation of our portfolio will unlock increased margins with the closing of the transaction in Europe, expected in the month of April 2024 ”. These words from Marc Bitzer, president and CEO of Whirlpool Corporation , summarize the company’s fourth quarter and full-year 2023 results and provide guidance for the current year .

Haier Europe financial officer

Nitin Gupta is the new Chief Financial Officer of Haier Europe
Join the Haier Europe Senior Leadership Team, reporting directly to CEO Yannick Fierling.
Web editorial by Web Editor January 12, 2023
Nitin Gupta is the new Chief Financial Officer of Haier Europe
Nitin Gupta, CFO of Haier Europe.
Haier Europe appoints Nitin Gupta as new Chief Financial Officer of the company. Gupta joins the Senior Leadership Team of Haier Europe, reporting directly to CEO Yannick Fierling and directly to Haier Overseas CFO, Yu Yingbo.

As CFO of Haier Europe, Nitin Gupta will assume financial leadership, support the setting of strategic priorities and lead the company’s administration, finance and control department. You will be responsible for accounting, financial planning and analysis (FP&A), treasury, tax and credit management. Gupta will play a key role in ensuring adequate profitability for the company’s growth, in line with Haier Europe’s vision to be consumers’ first choice in smart home solutions