BRIEF

on Qingdao Haier Co.,Ltd. (isin : CNE1000031C1)

Haier Smart Home's Q1 2026 Financial Performance

Haier Smart Home Co., Ltd. reported its Q1 2026 financial results, generating a revenue of RMB 73.69 billion. The net profit attributable to shareholders reached RMB 4.65 billion, showing a sequential increase from Q4 2025. Basic earnings per share stood at RMB 0.50.

The company's China operations saw an increase in operating profit year-on-year, despite a 6.2% contraction in the domestic home appliance market. Internationally, revenue outside North America grew, with strong performances in Europe, South Asia, and Southeast Asia.

North America faced challenges due to trade policy changes and harsh winter weather. Haier is adapting through supply chain restructuring and product mix enhancements to bolster resilience.

The company's shareholder returns strategy includes substantial buybacks, highlighting its commitment to enhancing shareholder value.

R. E.

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