XCMG Construction Machinery H1 Profit Up 9%, Revenue Climbs 12%

MT Newswires Live
08/31

XCMG Construction Machinery (SHE:000425) posted first-half attributable net profit of 3.96 billion yuan, down 9.1% from 4.36 billion yuan the previous year.

Earnings per share declined to 0.35 yuan from 0.37 yuan, according to weekend filings with the Shenzhen bourse.

Operating revenue climbed 12% year over year to 61.2 billion yuan from 54.8 billion yuan.

The construction machinery maker declared an interim dividend of 0.45 yuan per 10 shares.

Shares of the company went down 4% in recent trade.

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