Qingdao based Haier reported 40 billion yuan (RMB) in unaudited revenue for the first nine months of 2012. It compares to 37.3 billion yuan (RMB) over the same period in 2011. Haier is the biggest manufacturer with headquarters in Qingdao. Check out their website for more info on one of the Fab Five brands from Qingdao.

More on Haier’s results from Appliance Magazine:

(Haier’s) unaudited consolidated net profit attributable to owners of the company in the first nine months of 2012 were 1,171,000,000 yuan (RMB) (approx. $188 million), compared to 934 million yuan (RMB) in the same period of 2011.

The results were released by Haier Electronics Group Company, whose controlling shareholder is Qingdao Haier Co., Ltd.

Qingdao Haier Co., Ltd. is listed on the Shanghai Stock Exchange.

Relevant Links:
Haier Official Website

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