Gree Electric Appliances Sales In 2009 Were To Achieve Net Profit Growth

4 26 AP, Gree Electric Appliances, today announced 2009 annual report, the report shows, 2009 Gree company’s operating revenues and net profit growth both of them the whole year, total revenues were 42.637 billion yuan, an increase of 1.04%; profit amounted to 3.38 billion, up 40.08 percent year on year, attributable to shareholders of listed companies net profit of 2.913 billion yuan, up 48.15%.

According to the contents of financial statements show that

Air conditioning

And accessories for the Gree companies contributed 98.11% and 99.06% turnover profits were 38.33 billion yuan and 9.53 billion yuan. Other non-core operations, including

Small appliances

, Enameled wire, capacitors and compressors, with the exception of small household appliances account for 1.37% of business revenue, other business accounting for no more than 1%.

Learned that company’s main businesses include production

Sell

Air conditioners, self-air-conditioner and related spare parts export business import and export business. In which the domestic market reached 33.234 billion yuan sales income, accounting for 85.06% of total revenue sales, with the increase of 12.16% over the same period last year; foreign market sales of 5.835 billion yuan, accounting for 14.94 percent share of sales, down 38.34 percent.

Overseas revenue decline is due to be international

Financial

Impact of the crisis, because of instability in the future, the next year Gree export situation remains very serious. But domestic sales, shift the benefit from a range of government activities to expand domestic demand, while the face continues to grow.

Countries to speed up the urbanization process and the government has introduced a series of policies and boost domestic demand, domestic market sales for pulling Gree played an important role. Launched in 2009, ”

Bringing home appliances

“Appliance” TM “,” energy conservation projects that benefit the “implementation of the efforts have been stepped air-conditioning will continue

Washing machine

, Refrigerators and television sets after the greatest demand for new products, In addition, the end of 2009 to early 2010, the State introduced a series of home appliances series of policies will also stimulate the Gree sales next year, as in December 2009 the Ministry of Finance, Business Department, Ministry of Industry and Information Technology issued “to further increase the appliances to the countryside on the intensity of the notice of policy implementation.”

The coming year, Gree will be in the domestic market, adopt different marketing strategies, primarily in foreign markets to increase brand

Marketing

Effort to further enhance its global market share, include: innovative product price mechanism, deepen the cooperation with Daikin, etc., are valued at home continue to increase input into the central air conditioning and electricity to rural areas and help increase

Service

Measures such as the rural market to maintain its market share dominance.

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