Overview Key strengths Key risks Long-standing presence in the home appliance market, with leading positions in certain markets in Latin America and North America. Weak consumer confidence and purchasing power could dent demand. Efficient operations and pricing flexibility that help protect margins. Manufacturing exposure to supply chain disruptions. Haier?s significant ownership stake and partnership provides key synergies that strengthen its business platform. Intense competition from large international players in a mature industry. Successful record of developing new and innovative products. Highly seasonal working capital needs that require prudent cash management. In 2022, Mabe posted record-high revenues of $4.4 billion, a 7.8% increase over 2021. This was mostly driven by strong pricing initiatives to partially contain the impact on profit margins