Sany Heavy Industry Co.,Ltd.’s Net Profit Rose 28% in First Half of 2023

Sany Heavy Industry Co.,Ltd. (三一重工股份有限公司) (600031.SH) reported a net profit of 3.5 billion yuan in the first half of 2023, up 28% year-on-year.

Meanwhile, the company posted 39.5 billion yuan in revenue, down 0.3% year-on-year.

At the end of the reporting period, it had 161.3 billion yuan in total assets and 93.4 billion yuan in total liabilities, with a liability-to-asset ratio of 57.9%.