XCMG Saw Net Profits Jump During the First Eleven Months of 2018
XCMG saw an 80% year-on-year profits increase of 100 billion yuan (US$14.56 billion) through January to November 2018. With a 10% higher growth in product sales than the industry average, XCMG kept retaining the position of the NO.1 construction machinery manufacturer for the 29th year in a row.
XCMG's advanced and endurable products including cranes, excavators, loaders, land levelers, rotary drilling rigs has been involved in several siginificant construction projects in 2018. The Hong Kong-Zhuhai-Macao crossing, for example, the world's longest sea crossing,opened in October. During its nine years' construction, XCMG has provided lots of equipments, including aerial work platforms, crawler cranes, truck-mounted cranes, pump trucks and concrete mixing stations.
Dedicated to transform traditional manufacturing to digital, XCMG has made intelligent manufacturing breakthroughs in 2018. "XCMG continues to increase investment, expand global R&D to achieve breakthroughs in core technologies. Competition in the construction machinery industry is fierce, and XCMG must be ready to overcome challenges at any time." noted Wang Min, chairman and CEO of XCMG.
Views:0
- China’s First Mining Specialized Remote Sensing Satellite Launched 2023-07-25
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April 2023-06-13
- CONEXPO-CON/AGG 2023: XCMG Showcased Two Wide-Body Mining Dumpers 2023-03-21
- XCMG Announces Entry into Light Truck Sector, Aims to Sell 10,000 Units in 2023 2022-12-29
- 10 XCMG XPT70E Electric Offset Tractors Were Delivered 2022-12-23
- XCMG Selected as World's 500 Most Influential Brands for 4 Consecutive Years 2022-12-23
- XCMG Delivered 100 hydrogen-fueled heavy trucks to Sinosynergypower 2022-12-14
- XCMG Presents Its New Energy Products at Fiedays in New Zealand 2022-12-08
- Construction Machinery Trade Fair BAUMA 2022 Opens in Munich, Germany 2022-10-31
- XCMG Names Allison as Exclusive Provider of Transmission for All-Terrain Crane 2022-10-25
Submit Your Requirements, We Are Always At Your Service.
- World’s First All-electric Scania Car Transporter Goes into Service
- China’s First Mining Specialized Remote Sensing Satellite Launched
- SINOTRUK Delivers Full Year 2022 Results, Heavy Truck Sales Down 52.50%
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.