SANY INT'L (00631) has announced a positive profit alert. The company anticipates its unaudited annual net profit for the period to be in the range of approximately 1.6 billion to 1.85 billion yuan. This represents a significant increase of 49.8% to 73.2% compared to the previous annual period.

The expected rise is primarily attributed to several key factors. There was a substantial decrease in impairment losses on certain assets of the group. In the year ended December 31, 2024, the group recorded a goodwill impairment loss of approximately 470 million yuan related to its oil and gas equipment business, alongside an impairment loss of about 278 million yuan on properties held for sale. In contrast, for the year ended December 31, 2025, the group recorded a much lower goodwill impairment loss of approximately 72.1 million yuan, with no further impairment losses on properties held for sale.

Furthermore, the group's deep implementation of its globalization, digitalization, and low-carbon strategies has driven continuous revenue growth. This growth is evident in its large port machinery and power battery segments, as well as in the overseas revenue generated by its mining trucks. Additionally, the acquisition of a lithium energy business, which was completed on July 22, 2024, has contributed a new source of revenue to the group.