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China's construction machinery export champion: revenue in overseas markets exceeded 10 billion

Views:0     Author:Site Editor     Publish Time: 2020-07-10      Origin:Site

China's construction machinery export champion: revenue in overseas markets exceeded 10 billion, making 6.7 billion in half a year


As time came to September, major domestic construction machinery companies have successively released the first half of 2019 performance report: Among them, Sany Heavy Industry achieved revenue of 43.4 billion yuan and net profit of 6.75 billion yuan in the first half of the year; Xugong Machinery achieved revenue of 31.156 billion yuan and net profit of 2.283 billion yuan in the first half of the year; Zoomlion achieved revenue of 22.262 billion yuan and net profit of 2.576 billion yuan in the first half of the year; Liugong Machinery achieved revenue in the first half of the year 10.131 billion yuan, with a net profit of 661 million yuan. As we all know, Sany, China United, XCMG and Liugong are also known as China's four major construction machinery giants. From the annual performance data of the first half of 2019, Sany Heavy Industry ranks among the construction machinery in terms of revenue or net profit. First in the industry, it has become the most profitable construction machinery enterprise in China.

sany excavator

In the first half of 2019, Sany Heavy Industry's revenue increased by 54.27 year-on-year, and its net profit increased by 99.14% year-on-year. In this regard, Sany Heavy Industry said: This is Sany Heavy Industry's best performance since its listing. In the first half of 2019, Sany Heavy Industry's sales of four types of products became the first in the domestic market. Among them, excavator sales revenue was 15.91 billion yuan, accounting for 36.6% of total revenue, and the market share of excavators ranked first in the country, and this is also the ninth year of Sany Heavy Industry to win the domestic excavator market sales champion. The sales revenue of concrete machinery reached 12.923 billion yuan, accounting for 29.7% of the total revenue. It still ranks first in the domestic industry and is also the world's first concrete machinery brand. In addition to excavator and concrete machinery, which have always been strong businesses, Sany's pile driving machinery achieved sales revenue of 2.964 billion yuan in the first half of the year, and its market share reached the first in the country; The market share of the paving machine of Yihong Heavy Industry's pavement machinery has also become the first in the country.


As the most profitable construction machinery company in China, Sany Heavy Industry has also achieved good results in overseas markets. In the first half of 2019, Sany Heavy Industry realized overseas revenue of 7.026 billion yuan, accounting for 16.19% of total revenue. In overseas markets, Europe, the United States, India and Indonesia are the main markets of Sany Heavy Industry. In Indonesia, Sany Heavy Industry delivered about 600 construction machinery and equipment in only one month in June.


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