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Can the trillion-yuan robotics market become Midea's second growth curve?

The article examines whether Midea's robotics business can become the group's second growth curve. It notes that revenue in its robotics and automation segment reached 16.621 billion yuan in the first half of the year, up 10.27% year on year, but gross margin fell 1.86 percentage points year on year to 20.9%, accounting for only 6.39% of the group's total revenue, putting it in a phase of revenue growth without profit growth.

Part of the event: Midea's robotics business sees revenue growth without profit growth, accounting for only 6.39%

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