Hong Kong – – September 11, 2026 -- SANY Heavy Industry (600031.SH) posted first-half 2026 revenue of approximately $7.89 billion, up 19.49% year-over-year, with attributable net profit rising 9.13% to $838.887 million.
Second-quarter revenue growth accelerates to 24.39%, outpacing first-half rate
Q2 revenue reached $4.328 billion, while attributable net profit climbed 16.93% to $473.108 million. Operating cash flow totaled $1.44 billion. As of June 30, total assets stood at $26.708 billion and net equity at $13.576 billion.
Overseas revenue hits $4.724 billion, now 61.33% of core business
International sales grew 21.82% year-over-year. By region, Africa led growth at 47.66% to $790.234 million, followed by the Americas at 24.70% to $930.294 million, Asia and Australia at 17.38% to $1.981 billion, and Europe at 12.68% to $1.022 billion.
Piling machinery revenue surges 63.11%, leading product-line gains
Piling equipment revenue reached $322.433 million. Excavation machinery rose 21.77% to $3.141 billion, concrete machinery increased 21.25% to $1.33 billion, lifting machinery grew 8.22% to $1.245 billion, and road machinery advanced 5.52% to $335.850 million.
Company shifts from product exports to localized overseas operations
SANY is moving sales, service, product development and operations closer to local markets rather than relying solely on cross-border shipments. The company stated it will continue expanding overseas service networks and equipment solutions tailored to specific operating scenarios to grow global market share.