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China's Haier disappoints in Q2 as margins squeezed

Last updated: 2004-08-19

China's Haier disappoints in Q2 as margins squeezed
2004-08-19

Qingdao Haier: A worker assembles TV sets Saturday Aug. 16, 2003 at China's leading appliance maker Haier 's production line in Qingdao, China. The latest statistics show that Haier is first among refrigerator manufactures and fifth among the global white goods manufacturers with the largest world market share in the terms of brands.

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Singapore
Company
Costco
Qingdao Haier
SHANGHAI - The listed arm of China's top appliance maker, Haier, posted disappointingly flat second quarter earnings on Thursday as red-hot competition chilled margins, pushing analysts to predict a fall in 2004 earnings.... ...
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