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美的集团上半年归母净利润增长25.04%至260.14亿元,持续聚焦核心业务产品

Core Viewpoint - Midea Group reported a strong performance in the first half of 2025, with significant growth in revenue and net profit, despite challenges in the domestic and overseas markets [1] Financial Performance - The company's operating revenue reached 251.12 billion yuan, representing a year-on-year increase of 15.58% [1] - Net profit attributable to shareholders was 26.01 billion yuan, up 25.04% year-on-year [1] - The net profit excluding non-recurring gains and losses was 26.24 billion yuan, reflecting a 30.00% increase [1] - Basic earnings per share stood at 3.41 yuan [1] - The company plans to distribute a cash dividend of 5 yuan per 10 shares (including tax) to all shareholders [1] Market and Industry Context - The domestic home appliance market showed signs of recovery, driven by the "trade-in" subsidy policy [1] - Competition in the industry is intensifying, particularly concerning "user traffic" and "product pricing" [1] - The overseas operating environment remains challenging [1] Strategic Focus - Midea Group is committed to its annual operational strategy of "promoting growth through simplification and confronting challenges through self-disruption" [1] - The company continues to focus on core businesses and products, with notable success in overseas business development [1] - Overall scale, profitability, and cash flow indicators have improved, demonstrating the company's operational resilience and long-term high-quality growth [1]