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Results: Sany Heavy Industry Co.,Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts
sany heavy industry (600031.SH) shareholder Yu Hongfu completed the shareholding of 0.9 million shares
sany heavy industry (600031.SH) announced that on November 1, 2024, Yu Hongfu acquired a total of 5.85 million shares through centralized bidding...
Citigroup: Maintains neutral rating on zoomlion, target price raised to 5.3 Hong Kong dollars
Citigroup's research report stated that zoomlion (01157) emphasized enhancing shareholder returns, raising profit forecasts for 2024 and 2025 by 4% and 7% respectively, mainly due to the downward revision of operating expenditure forecasts for these two years. The target price has been raised from 3.8 Hong Kong dollars to 5.3 Hong Kong dollars, but after the stock surged by over 40% in the past two months, it maintains a "neutral" rating, compared to being bullish on its peer sany heavy industry (600031.SH). The report mentioned that although zoomlion's revenue year-on-year decline expanded from 7% in the second quarter to 14% in the third quarter, third-quarter profits still increased by 4% year-on-year, performing better than management's belief that the third quarter might be a transition period.
Sany Heavy Industries: Sany Heavy Industries Co., Ltd. Third Quarter Report 2024
Sany Heavy Industries Co., Ltd. Third Quarter Report 2024
Sany Heavy Industry (600031.SH) released its performance for the first three quarters, with a net income of 4.868 billion yuan, a year-on-year increase of 19.66%.
Sany Heavy Industry (600031.SH) disclosed the third quarter report of 2024, with a total revenue of 57...
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