Sany international sales revenue up 35.87%
Equipment

Sany international sales revenue up 35.87%

Leading global heavy machinery manufacturer SANY Heavy Industry (SANY) reported its H1 2023 financial results on August 30. Its operating revenue is down by 0.38% to 39.496 billion yuan ($5.44 billion), while the net profit attributable to shareholders of listed companies increased by 29.07% to 3.4 billion yuan ($468.3 million). The net cash flow from business activities was 402 million yuan ($55.37 million).

In Q2 2023, SANY's operating income was 21.709 billion yuan (US$ 2.99 billion), a 10.93% increase year-on-year; the net profit attributable to shareholders of listed companies reached 1.888 billion yuan (US$ 260 million), up 80.81% year-on-year.

SANY has enhanced its international competitiveness and achieved a historic leap of performance growth – the international sales revenue in H1 2023 amounted to 22.466 billion yuan (US$ 3.09 billion), a sharp increase of 35.87% year-on-year accounting for 56.88% of total operating revenue.

As SANY continues to evolve its global business composition, the company is expanding the scope of its globalisation strategy. SANY now operates in over 180 countries and regions, with Europe and North America showing the fastest growth.

Leading global heavy machinery manufacturer SANY Heavy Industry (SANY) reported its H1 2023 financial results on August 30. Its operating revenue is down by 0.38% to 39.496 billion yuan ($5.44 billion), while the net profit attributable to shareholders of listed companies increased by 29.07% to 3.4 billion yuan ($468.3 million). The net cash flow from business activities was 402 million yuan ($55.37 million).In Q2 2023, SANY's operating income was 21.709 billion yuan (US$ 2.99 billion), a 10.93% increase year-on-year; the net profit attributable to shareholders of listed companies reached 1.888 billion yuan (US$ 260 million), up 80.81% year-on-year.SANY has enhanced its international competitiveness and achieved a historic leap of performance growth – the international sales revenue in H1 2023 amounted to 22.466 billion yuan (US$ 3.09 billion), a sharp increase of 35.87% year-on-year accounting for 56.88% of total operating revenue.As SANY continues to evolve its global business composition, the company is expanding the scope of its globalisation strategy. SANY now operates in over 180 countries and regions, with Europe and North America showing the fastest growth.

Next Story
Products

Architectural Lighting Solutions

Hafele has introduced its Loox Range for furniture lighting. They offer solutions for task, decorative, mood, and functional lighting. The range also includes the innovative 15° Linear Lens for larger spaces, enhancing lighting intensity. Additionally, the Delft and Stanford series provide customisable, low-glare lighting solutions for various applications, offering flexibility and high illumination in modern interiors.Contact: HafeleWebsite: www.hafeleindia.com/en/  ..

Next Story
Products

Efficient Genset

Tata Motors has unveiled a wide range of new-age gensets including CPCB IV+ compliant available from 25kVA to 125kVA power range. These gensets are fuel efficient, have block loading capability, and are designed for continuous operations. They are designed for various industries, including healthcare, hospitality, real estate, telecom, medium and small enterprises, offices and warehouses, and rental applications.Contact: Tata MotorsWebsite: www.tatamotors.com  ..

Next Story
Infrastructure Transport

Ranchi, Hatia & Tatanagar railway stations to be redeveloped at Rs 11 Bn

The central government has allocated Rs 11.4 billion for the redevelopment of three major railway stations in Jharkhand—Ranchi, Hatia and Tatanagar. Railway Minister Ashwini Vaishnaw shared this update via video conferencing on Monday, February 3, 2025. “The redevelopment will enhance passenger amenities, improve connectivity and modernize infrastructure,” Vaishnaw stated. At Hatia station, a second entry gate is under construction in the western section, along with residential blocks. The relocation of offices is also in progress. Rs 3.5 billion has been set aside for these develop..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?