A staff member works at a workshop of microwave oven factory of Midea Group, a Chinese home appliance giant, in Foshan City, south China's Guangdong Province, April 1, 2021. (Xinhua/Li Jiale)
BEIJING, Nov. 6 (Xinhua) -- China's home appliance industry saw revenues jump, but profits came down slightly during the first three quarters, according to the latest data from the Ministry of Industry and Information Technology.
Revenues hit 1.25 trillion yuan (about 195.34 billion U.S. dollars), jumping 20.3 percent year on year during the period.
Profits totaled 82.22 billion yuan, down 1.8 percent year on year, the ministry said.
China's output of refrigerators rose 2.1 percent year on year to 66.2 million units during the nine-month period, while production of washing machines reached 62.83 million units, up 17.3 percent from a year earlier. Enditem
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