29 August 2025 | 7:04AM CST Haier Smart Home Co. (600690.SS): 2Q25 First Take: Margins and interim dividends positive surprises; Buy Haier Smart Home reported 2Q25 results post market close of Aug 28 where revenue was in-line with our estimates but profits and dividends came as positive surprises. Total revenue/net profit in 1H25 was Rmb156bn/Rmb12bn, growing by +10%/+16% yoy (on LFL basis), and implying +10%/+16% yoy in 2Q (0%/+4% vs. GSe). Operating cash flows also improved, growing by 45% yoy in 2Q25. Me ...