美的集团发布半年报：净利润260亿元，同比增长25%

Core Insights - Midea Group reported a revenue of 252.3 billion yuan for the first half of 2025, representing a year-on-year growth of 15.7% [2] - The net profit attributable to shareholders reached 26 billion yuan, with a year-on-year increase of 25% [2] Business Segments - The smart home segment contributed 167.2 billion yuan, showing a growth of 13.3% year-on-year [2] - Other segments, including new energy and industrial technology, smart building technology, and robotics and automation, all maintained double-digit growth [2] Geographic Performance - Revenue from mainland China was 145.1 billion yuan, reflecting a year-on-year growth of 14.2% [2] - Revenue from overseas markets amounted to 107.2 billion yuan, with a year-on-year increase of 17.7% [2] Research and Development - The company increased its R&D expenditure to 8.766 billion yuan, which is a year-on-year growth of 14.41% [2]