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robam electric's interim report is released, with operating income reaching 4.729 billion yuan in the first half of the year

2024-08-30

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in the first half of 2024, the kitchen appliance market as a whole is under pressure. according to avc data, the retail volume of large kitchen and bathroom appliances in the first half of this year was only 41.49 million units, an increase of 0.5% year-on-year; at the same time, retail sales fell to 77.1 billion yuan, a year-on-year decline of 2.3%. this trend was more obvious during the 618 promotion, with online market retail sales falling 13.3% year-on-year and sales volume also falling 5.1%. despite the heavy pressure on the market, robam electric has moved forward steadily with its outstanding performance.

according to the 2024 semi-annual report of robam, the company achieved operating income of 4.729 billion yuan and net profit attributable to the parent company of 759 million yuan in the first half of this year. this outstanding performance is due to the continued leadership of robam in traditional advantageous categories. the interim report of robam shows that in the first half of 2024, the market share of robam's online retail sales was outstanding, among which the market share of range hood and stove sets, kitchen appliance packages, and range hoods reached 28.2%, 27.0% and 16.3% respectively, ranking first in the industry; and in offline store sales, robam's range hoods and gas stoves also maintained their first position in the industry with market shares of 31.9% and 31.3% respectively.

while creating value for the market and consumers, robam also returns to shareholders through generous dividends. since 2024, the company has distributed cash dividends twice, with a total amount of approximately 944 million yuan. in may of this year, robam distributed dividends for 2023 to shareholders, with a total amount of approximately 472 million yuan. since its listing, robam has paid cash dividends every year. as of mid-2024, the cumulative dividend amount has reached 5.903 billion yuan, approximately 653.99% of the funds raised. according to the company's latest shareholder return plan, robam will continue to pay cash dividends twice a year in the next few years, and plans to gradually increase the dividend ratio to reward investors who have supported the company for a long time.

robam's feedback is not only reflected in shareholder dividends, but also in its active fulfillment of social responsibilities. in recent years, robam has provided kitchen appliance installation and update services to thousands of low-income families through the "warm kitchen plan" to help them improve their quality of life. so far, the plan has served a total of 3,225 low-income families and updated kitchen appliances worth a total of about 16 million yuan for the needy. at the same time, robam also actively supports the country's policy of replacing old appliances with new ones, investing 1 billion yuan in special funds to promote the replacement of old kitchen appliances, bringing tangible benefits and high-quality services to consumers.

in the future, robam will continue to optimize its shareholder return mechanism, strengthen its social responsibility fulfillment, and strive to promote the healthy development of the kitchen appliance industry and create more value for consumers.

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