2014-07-22
Midea Predicts Profit Up 50% As Alibaba Cloud Strategy Takes Hold
Chinese home appliances group Midea is expecting a huge jump in its 2014 earnings. The company published its semi-annual performance prediction for 2014, stating that during the first six months of 2014, the company's net profit is expected to increase by between 45% and 60% over the same period of last year; its earnings will […]