Tue Nov 19, 2019 03:00
English | 繁體 | 简体
Click here to toggle text size
Zoomlion (01157) expects 1H profit to rise 172-212%
12 Jul 2019
(Infocast News) Zoomlion Heavy Industry Science and Technology (01157) expects RMB2.4-2.7 billion net profit attributable to equity shareholders for the first six months ended 30 June 2019, representing a year-on-year increase of 171.71-212.42%. The basic EPS for the first half of this year is estimated at RMB0.31-0.34.

With the increasing demand from downstream industries such as real estate and infrastructure construction industry, the recovery of the construction machinery industry, as well as the strong demand from the market, the orders and sales of the group's concrete equipment and crane equipment products continued to grow rapidly. The company's core products (products of 4.0 series) including concrete pump trucks, tower cranes, and construction cranes have an increased market coverage, further strengthens the group's market competitiveness. The company continues to strictly control the costs and expenses. In the first half of 2019, the scale of sales increased, and the expense ratio had a faster year-on-year decrease.

(WL)
© Copyright Quamnet. All rights reserved. Republish the contents in whole or in part other than the authorized methods below, Quamnet reserves the right to proceed legal action.
Market Update
A founding member of:
China Tonghai IR:
Sitemap  |  About Us  |  Contact Us  |  Disclaimers     English | 繁體 | 简体  
Tonghai Financial:
China Tonghai International Financial Limited  |  China Tonghai Capital  |  China Tonghai Securities
Oceanwide Financial Management   |  Quamnet
 
Information of TonghaiIR (Investor Relations):
[Hong Kong Listed Company Information] [Financial News] [Announcement Alerts] [Free Delayed Stock Quote] [Chart]
[Hong Kong stock information]

TonghaiIR (Investor Relations) Services:
[Listed Companies Information] [Listed Companies Financial Information] [Listed Companies Announcements]
[Listed Companies Circulars] [Listed Companies News] [Press Releases] [Listed Companies Event Calendar]
[Listed Companies Presentations] [Proxy Forms]

China Tonghai IR (Investor Relations):
[Securities Firms] [Fund Houses] [Venture Capitals] [Financial Public Relations Agencies] [Financial Printers]
Investor Relations Dictionary:
[Listed Companies Result Announcement] [Financial Report] [Interim Report] [Annual General Meeting]
[Extraordinary General Meeting] [Board Meeting] [Annual Report] [Contact Listed Companies Investor Relations]
[Company Information Sheet] [Next Day Disclosure Return] [News Release] [IPO] [Prospectus] [Stock Quote] [Trading Volume]