Sany Heavy Equipment (HKG:0631) expects a net profit of between 1.23 billion yuan and 1.33 billion yuan in the first half of 2025, up 25% to 35% from a year prior, a Monday Hong Kong bourse filing said.

The heavy equipment maker attributed the forecast to a significantly higher revenue from various segments, a new source of revenue following the acquisition of a lithium business, and a rise in the gross profit margin of certain winds.