Gree Electric Appliances, Inc. of Zhuhai (000651.SZ) earned 9.953 billion yuan in net profits in the January-September period, up 1.27 percent year on year, according to the company's filing to the stock exchange on late Friday.
Meanwhile, its operating revenue decreased 17.16 percent year on year to 81.523 billion yuan during the reporting period. Basic earnings per share reached 1.65 yuan in the first three quarters. In the third quarter, the company pocketed 4.232 billion yuan of net profits, up 2.98 percent year on year. Its operating revenues dropped 22.52 percent on year to 31.412 billion yuan.
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