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
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?