SHACMAN Reported a 12.8% Rise in Production in H1 2019
Despite the downward movement pressure, Shaanqi managed to increase its production volume by 12.8% year on year to 115,000 units trucks in the first half of this year. In the same period, the company’s sales volume went up by 5.6% year on year, reaching 108,000 units trucks.
Also from January to June this year, Shaanqi sold 93,000 units heavy-duty trucks, ranking among the top three players in the market. In the same period, its market share went up by 0.41 percentage point. More specifically, Shaanqi sold 44,000 units tractor trucks, up by 16% year on year and ranking the second place in terms of its market share; it sold 22,000 units self-dump trucks, maintaining the leading position in the market; in the port truck market, coal transportation market, construction waste transportation truck market and 8X4 high-end self-dump truck market, it continued to hold the leading position; its TCO service jumped by a whopping 200% year on year and its spare parts business broke the one billion RMB threshold.
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