Sany Heavy Industry's Q1 2025 profit surges 56.4%

Sany Heavy Industry (SSE:600031) reported a significant increase in its first-quarter 2025 financial results, with operating revenue rising to CNY 21.049 billion, a 19.18% increase year-over-year. Net profit attributable to shareholders soared by 56.4% to CNY 2.471 billion, while net profit attributable to shareholders after deducting non-recurring gains and losses jumped 78.54% to CNY 2.403 billion. Basic and diluted earnings per share both increased to CNY 0.2921. Cash flow from operating activities remained strong at CNY 4.412 billion. The company's total assets reached CNY 153.838 billion, and shareholders' equity attributable to the parent company was CNY 74.871 billion. The company attributed the strong performance to increased domestic and international sales.