Net profit soared by 56.4% year-on-year! Sany Heavy Industry released the first quarter report of 2025

On April 30, Sany Heavy Industry released its first quarter report for 2025. From January to March this year, the company's operating income was 21.049 billion yuan, a year-on-year increase of 19.18%; The net profit attributable to shareholders of the listed company was 2.471 billion yuan, a year-on-year increase of 56.4%.

On the basis of high sales, the profitability of Sany Heavy Industry has accelerated, showing the strong competitiveness of Sany Heavy Industry in the field of construction machinery and the continuous growth of market demand.

According to the financial report, the company's revenue growth is mainly due to the year-on-year growth of domestic and international sales, and the net profit growth is mainly due to the impact of revenue growth and the decline in expense ratio.

In the first quarter of this year, the prosperity of the construction machinery industry rose. Taking excavators as an example, according to statistics from the China Construction Machinery Industry Association, major excavator manufacturers sold a total of 61,372 excavators, a year-on-year increase of 22.8%. Among them, 29,590 excavators of various types were sold in March, a year-on-year increase of 18.5%, exceeding market expectations.

Industry insiders said that the performance growth potential of Sany Heavy Industry is still worth looking forward to. With the continuous advancement of national infrastructure construction, the market demand of the construction machinery industry is expected to continue to grow. At the same time, Sany Heavy Industry's efforts in technological innovation and market expansion will also provide strong support for its future development.