Robots are hot, and Midea's robot business revenue in the first three quarters was 19.5 billion

The industry seems to be getting hotter and hotter, and many related companies have achieved outstanding performance, such as Midea Robotics.

Recently, Midea Group released its 2022 third quarter financial report. The report shows that Midea Group achieved a total operating income of 270.4 billion yuan in the first three quarters, a year-on-year increase of 3.5%; realized a net profit attributable to shareholders of 24.5 billion yuan, a year-on-year increase of 4.3%; and self-owned funds reached 149.3 billion yuan, a year-on-year increase of 13.5%. The Robotics and Automation Division had a revenue of 19.5 billion yuan in the first three quarters, an increase of 7.3 billion yuan from the first half of the year, with an outstanding market performance. The Industrial Technology Division had a revenue of 17 billion yuan, a year-on-year increase of 14.8%.

Kuka China's revenue of 645 million euros (about 4.6 billion yuan) performed well, and the revenue of the Robotics and Automation Division, with Kuka robots as the core, was 19.5 billion yuan.

According to Kuka's third-quarter financial report data, Kuka China's revenue was 645 million euros (about 4.6 billion yuan), a year-on-year increase of 59.1%, and the results of localized development have further emerged.

Recently, Kuka officially launched a number of new products, including the KR SCARA CS family, the DELTA robot KR 3 D1200, the LBR iisy collaborative robot, the iiQKA.OS operating system, the arc welding robot KR CYBERTECH nano Edion series, and the KUKA Connect digital product. These new products will help a wide range of industrial enterprises to achieve capacity expansion while ensuring product quality. At the same time, a "Robot Clean Level Certificate" awarding ceremony was held at the Kuka press conference, and clean level certification certificates were issued for the entire Kuka SCARA series.

Midea Group is strengthening its To B transformation to achieve incremental creation and focusing on developing the "four major" core To B businesses, namely robotics and automation, building technology, energy management, and smart travel. Robotics is one of the major items. We look forward to seeing a new transformation of Midea Group in the future.