SANY Heavy Industry Reports 2023 Earnings: Overseas Revenue Soars to 60% of Core Business Amid Market Pressures, Signaling Strong Global Expansion
PR NewswireMay 17, 2024
SHANGHAI, May 16, 2024 /PRNewswire/ -- SANY Heavy Industry ("SANY" or "the Company"; SSE: 600031), a leading heavy machinery manufacturer, has reported a strong growth in international revenues in its recently announced annual results for 2023. Key Figures for SANY Heavy Industry Reports 2023 Earnings The Company reported RMB 74.02 billion (US$10.43 billion) in total revenues for the year 2023, down 8.44% year-on-year. Despite a challenging market, the decrea