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Sany Heavy Industries: Sany Heavy Industries Co., Ltd. Report for the first quarter of 2025
Sany Heavy Industries Co., Ltd. Report for the first quarter of 2025
Informe Anual De SANY 2024: El Beneficio Neto Aumenta Un 31,98 %
SANY 2024 Annual Report: Net Profit Up 31.98%, International Revenue Accounts for 64%
Sany Heavy Industry: Net income surged by 56% in the first quarter, with revenue exceeding 21 billion, and the reduction in expense ratio has shown significant results.
Sany Heavy Industry's net income surged by 56% in the first quarter, with revenue exceeding 21 billion, and the reduction in expense ratio has shown significant results. Summary of key points: Financial performance is impressive: In Q1 2025, the revenue was 21.049 billion yuan, a year-on-year increase of 19.18%; net income was 2.471 billion yuan, a year-on-year increase of 56.40%; and the net income excluding non-recurring items was 2.403 billion yuan, a year-on-year increase of 78.54%. Profitability has significantly improved: basic EPS was 0.2921 yuan, a year-on-year increase of 56.45%; the expense ratio decreased notably, becoming a primary driver for profit growth. Business growth is comprehensive: Both domestic and international market sales achieved year-on-year growth, driving total growth.
Express News | Sany Heavy Industry Q1 Net Profit up 56.4% Y/Y