SANY Heavy Industry Posts Mid-Year Results: Adjusted Net Profit Down 13.45% to RMB 4.682 Billion

Stock News
08/28

SANY Heavy Industry (06031) has unveiled its interim results for 2026, recording total revenue of approximately RMB 53.306 billion, a year-on-year increase of 19.7%. Net profit attributable to shareholders of the listed company reached RMB 5.69 billion, up 9.13% from the previous year. However, net profit excluding non-recurring gains and losses attributable to shareholders stood at RMB 4.682 billion, reflecting a decline of 13.45% year-on-year, with basic earnings per share reported at RMB 0.6217.

Net cash flows generated from operating activities amounted to RMB 9.768 billion, a decrease of 3.62% compared with the corresponding period last year. The company maintains its unwavering commitment to globalization as its foremost strategic priority, continuing to deepen its presence in overseas markets while accelerating the comprehensive transition from "product export" to "industry globalization." During the first half of 2026, overseas sales revenue from main operations totaled RMB 32.04 billion, up 21.82% year-on-year, with overseas revenue now accounting for 61.33% of total main business revenue.

According to the company's announcement, the revenue growth was primarily driven by robust global demand for mining and infrastructure projects, alongside a steady increase in its worldwide market share. Despite navigating external challenges such as currency fluctuations, SANY Heavy Industry has maintained its focus on core operations, ultimately achieving net profit attributable to the parent company of RMB 5.69 billion, a 9.13% increase year-on-year, signaling sustained improvement in operational performance.

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