Sany Heavy Industry Co.,Ltd.’s Net Profit Dropped 73.5% in First Half of 2022

Sany Heavy Industry Co.,Ltd. (三一重工股份有限公司) (600031.SH) reported a net profit of 2.7 billion yuan in the first half of 2022, down 73.5% year-on-year.

Meanwhile, the company posted 39.7 billion yuan in revenue, down 40.6% year-on-year.

At the end of the reporting period, it had 150 billion yuan in total assets and 85.7 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.