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Sany Heavy Equipment International Holdings Co ( (HK:0631) ) has shared an update.
Sany Heavy Equipment International Holdings Co has issued a positive profit alert, reporting an expected increase in unaudited net profit for the first half of 2025 by 25% to 35% compared to the same period in 2024. This growth is attributed to the company’s strategic initiatives in globalization and digital transformation, significant revenue increases from large port machinery and mining trucks, as well as the acquisition of a lithium business. Additionally, measures to enhance quality and efficiency alongside strict cost control have improved the gross profit margin in several product lines.
The most recent analyst rating on (HK:0631) stock is a Buy with a HK$7.20 price target. To see the full list of analyst forecasts on Sany Heavy Equipment International Holdings Co stock, see the HK:0631 Stock Forecast page.
More about Sany Heavy Equipment International Holdings Co
Sany Heavy Equipment International Holdings Co is a company incorporated in the Cayman Islands, primarily engaged in the manufacturing and sale of heavy equipment. The company focuses on industries such as large port machinery, oil and gas equipment, and mining trucks, with a strategic emphasis on globalization, digital intellectualization, and low-carbonization.
YTD Price Performance: 72.13%
Average Trading Volume: 10,787,943
Technical Sentiment Signal: Buy
Current Market Cap: HK$23.91B
See more insights into 0631 stock on TipRanks’ Stock Analysis page.