Full Sato Maruka HD - Although there will be a decrease in revenue for the fiscal year ending December 2024, both the Construction Machinery and IoT solution segments are expected to see double-digit revenue growth and substantial profit increases.
On the 14th, Fulsato Marca Holdings <7128> announced its consolidated financial results for the fiscal year ending December 2024. Revenue decreased by 6.5% compared to the previous period, totaling 161.716 billion yen, operating profit fell by 32.3% to 3.86 billion yen, ordinary profit decreased by 30.0% to 4.659 billion yen, and net income attributable to shareholders of the parent company declined by 1.8% to 4.613 billion yen. The revenue in the machinery and tools segment was 104.767 billion yen (a decrease of 10.6% year-on-year), and the operating profit was 1.999 billion yen (compared to the previous period).
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
The plan for the listing of zoomlion heavy machinery has fallen through. Zoomlion stated that it will not affect the company's existing business.
①Zoomlion plans to terminate the reorganization and listing of its subsidiary Zoomliongaoji with Shenzhen Roadrover Technology. ②Zoomlion stated that the termination of the reorganization project will not affect the production and operation activities of Shenzhen Roadrover Technology and Zoomliongaoji.
Overseas income grew rapidly, coupled with cost reduction and efficiency improvement, sany heavy industry's net income in H1 increased slightly year-on-year | Financial report interpretation
1. Sany Heavy Industry's revenue in the first half of the year decreased by 1.95% year-on-year, while net income increased by 4.80% year-on-year. 2. In the first half of the year, the company's Indonesia factory completed the expansion of phase two, while the phase two factories in India and South Africa are under orderly construction.
Jiangsu Hengli Hydraulic: Second quarter revenue and net income both rebounded, and the construction of the Mexican factory is nearing completion.| Interpretations
①The company achieved a year-on-year increase in revenue and net income of 8.56% and 0.71% respectively in the first half of the year. ②Jiangsu Hengli Hydraulic revealed that the construction of the factory in Mexico is nearing completion, laying the foundation for expanding into the Americas market.
Kato Seisakusho is a major construction machinery manufacturer with a history of nearly 130 years since its founding.
Kato Manufacturing Co., Ltd. <6390> is a leading construction machinery manufacturer with a history of nearly 130 years since its founding in 1895 as a personal business. With the management philosophy of "contributing to society with excellent products," as a pioneer in the construction machinery industry indispensable for social infrastructure construction, the company currently engages in business mainly in construction cranes and hydraulic excavators. It features product development from a customer perspective, with products that are "sturdy," "powerful," and "easy to operate" in response to customer needs, earning high customer trust.