SANY Heavy Industry has reported strong results for the first half of 2025. The company delivered balanced growth by pushing forward its globalization, digitalization, and decarbonization strategy.
Revenue reached US$6.24 billion, up 15% year-on-year. Net income jumped 46% to US$730 million, while operating cash flow rose 20% to US$1.42 billion. Net income margin climbed to 11.65%, recovering by 2.5 percentage points from last year. As of June 30, total assets stood at US$21.54 billion, with shareholder equity at US$10.3 billion.
International sales drove much of the growth. Overseas revenue hit US$3.69 billion, accounting for 60% of the total. Asia-Pacific led with US$1.61 billion, up 16%. Europe was steady at US$863 million. The Americas grew 1.4% to US$710 million. Africa saw the biggest jump, surging 40% to US$509 million.
Gross margin in international business improved to 31.2%, helped by a stronger product mix.
SANY also pushed ahead with sustainability efforts. The company launched more than 30 low-carbon products and secured 30 patents. Its reinforced slewing reducers passed 15,000 hours of service life, while a new 100-ton excavator reducer filled a technology gap in heavy-duty equipment.
By product line, excavator revenue rose 15% to US$2.45 billion. Hoisting machinery climbed nearly 18% to US$1.09 billion. Road machinery surged 37% to US$300 million. Piling machinery gained 15% to US$190 million. Concrete machinery fell 6% to US$1.04 billion.
R&D remained a focus. The company invested US$300 million and filed 246 patents, including 131 for new inventions.
Looking ahead, SANY said it will keep investing in innovation and efficiency to build a stronger global business and deliver long-term value for shareholders.
