Consumer Discretionary Sep 03, 2020 05:54 PM (GMT+8) · EqualOcean
Production status:From January to July 2020, the national output of household refrigerators was 46.91 million units, a year-on-year decrease of 2.0%; the output of room air conditioners was 12.53 million units, a year-on-year decrease of 14.0%; the output of household washing machines was 39.85 million units, a year-on-year decrease of 2.6%. In July, the national output of household refrigerators was 9.15 million units, a year-on-year increase of 29.7%; the output of room air conditioners was 18.51 million units, a year-on-year increase of 6.0%; the output of household washing machines was 6.86 million units, a year-on-year increase of 37.4%. Revenue:From January to July 2020, the operating income of the domestic household appliance industry was CNY 746.98 billion, a year-on-year decrease of 12.0%; the total profit was CNY 54.12 billion, a year-on-year decrease of 13.3%.