Sany International Sees Double Sales in the First Quarter

General Press Releases Wednesday May 30, 2018 08:31
CHANGSHA, China--30 May--PRNewswire/InfoQuest

SANY International, a subsidiary company of SANY Group recently released an unaudited financial report saying that the company's comprehensive revenue reached 997 million yuan in the first quarter, a year-on-year growth of 96.5 percent; the shareholders' net profit was 172 million yuan, an increase of 139.9 percent over the same period of last year, accounting for 75 percent of the whole year 2017's level. The net profit rate raised 3.12 percentage points to 17.25 percent, which shows that SANY International gets rapid development.

This is the first time that SANY International releases its quarterly results, which is believed by the insiders that the company is confident about its future development.

Influenced by the national policies over the past years, mining industry has gotten vigorous recovery, generating a large quantity of market demands. Additionally, driven by the recovery of global shipping business and the "Belt and Road Initiative", the company is actively expanding the international market of port machinery. In the first quarter, the sales amount of its mining machinery products and port machinery products gained a great growth.

From January to March, the SANY's sales revenue of coal machines increased by more than 100 percent over the same period last year; the shipment quantity got a more-than-50 percent growth.

"Fueled by the industry recovery and equipment renewal, energy equipment and port machinery will maintain strong growth momentum. SANY International as a leading enterprise in mining machinery and port machinery industries, its performance is worth our expectation," an industry insider said.

For more details, please call: 1 800 GO SANY (1-800-467-269)
Official website:
Follow us on:
Facebook: SANY Group
WeChat: SanyWorldwide
Photo -
Caption: SANY mining machinery
Photo -
Caption: SANY port machinery

Latest Press Release

Fit and Firm with Vistra Sports Exclusive Party 2018 at Lancaster Bangkok

Lancaster Bangkok was honoured to be chosen as venue for the "Vistra Sport Exclusive Party 2018"organised by Vistra Sports, the leader of nutrition for sport and exercise. The party brings all guests to join activity exclusively with Coach Micky-Nont...

Fight weathered skin and aching muscles this winter with Spa Cenvarees luxurious Golden Moments program

As the cooler weather sweeps in, our special "Golden Moments" treatment program is making a long-awaited return to Spa Cenvaree at Centara Grand at CentralWorld. Specifically designed by our team of massage and wellbeing professionals for the winter...

IKEA is recalling a batch of CALYPSO ceiling lamps due to risk of falling shades.

IKEA urges all customers that purchased CALYPSO ceiling lamps after 1st of August 2016 to double check the date stamp on the product. IKEA is recalling CALYPSO ceiling lamps manufactured between and including these date stamps: (yyww) 1625 to 1744. IKEA...

Acclaimed designer Linda Charoenlarb debuts her Autumn-Winter 2018 collection for the first time in the city with an exclusive showing

Acclaimed designer Linda Charoenlarb debuts her Autumn-Winter 2018 collection for the first time in the city with an exclusive showing at the Bangkok Trading Post's Sunday Brunch Fashion Series 2. Spoil yourself with the sumptuous Bangkok Trading Post...


There is nothing more quintessentially iconic in Hua Hin than experiencing The Museum's Afternoon Tea. This month, the acclaimed tea time will become even more indulging as it undergoes a pink transformation to be The Pink Heritage Afternoon Tea as part...

Related Topics