Understanding the Market | Hisense H.A. fell nearly 6%, with a year-on-year decrease of 5.4% in net profit attributable to the parent company in the third quarter, facing short-term pressure on exports

Hisense H.A. stock price fell nearly 6%, down 5.75% as of the time of writing, at HKD 22.62, with a transaction volume of HKD 103 million. The company's operating revenue for the first three quarters was CNY 71.5327 billion, a year-on-year increase of 1.35%; net profit attributable to the parent company was CNY 2.8118 billion, a year-on-year increase of 0.67%. In the third quarter, revenue was CNY 22.19 billion, a year-on-year increase of 1.16%; net profit attributable to the parent company was CNY 740 million, a year-on-year decrease of 5.4%. Analysts believe that this was mainly affected by weak performance in central air conditioning and fluctuations in exports, while domestic sales remained relatively stable, with short-term pressure on exports