Zoomlion reports strong profit growth, boosted by overseas expansion

Zoomlion Heavy Industry Science and Technology Co., Ltd. reported unaudited interim results for the six months ended June 30, 2025, with profit attributable to equity shareholders rising by 20.69% to RMB2,753 million, up from RMB2,281 million in the same period of 2024. Revenue for the Group increased by 1.30% year-on-year to RMB24,855 million. Total assets reached RMB129,262 million, a 4.49% increase from December 31, 2024. Basic earnings per share stood at RMB0.32, an increase of RMB0.05 from RMB0.28 in 2024. The board proposed an interim dividend of RMB0.2 per share.

The company’s operating income growth was primarily attributed to strong overseas sales. Net cash generated from operating activities increased to RMB1,603 million from RMB676 million in the prior year, largely due to a decrease in payments for the redemption of bills payable. However, net cash used in investing activities amounted to RMB3,848 million, primarily for the purchase of property, plant, and equipment, right-of-use assets, and intangible assets (RMB2,565 million), as well as a prepayment for a subsidiary acquisition (RMB1,628 million).

Zoomlion highlighted its focus on digital transformation, intelligent manufacturing, and a global market expansion strategy. Overseas revenue grew over 14% year-on-year, with sales in the African market increasing by over 179%. The company also invested in R&D, with 1,755 projects in progress and the launch of 206 new machine models, including 76 high-end 4.0 series and 20 new energy products.