More than last year! The third quarterly report of Sany International continued to grow at a high rate!

After the market on October 31，Trinity International(00631.HK)Announce third quarter results。The results announcement shows，First three quarters of 2023，The Company achieved revenue of 158.400 million yuan，Year-on-year growth of 36.5%，Net profit 17.300 million yuan，Year-on-year growth of 33.6%。In the third quarter, the company achieved revenue of 50.0 billion yuan，Year-on-year growth of 25.9%，Net profit 5.400 million yuan，Year-on-year growth of 43.0%，Continue to achieve high-speed growth。

It is reported that，Sany International achieved operating income of 155 in 2022.400 million yuan，Net profit 16.600 million yuan。The company's revenue and net profit in the first three quarters of this year have exceeded the level of last year.。

According to the results announcement，The substantial increase in the company's revenue and profit is mainly driven by four factors.：

Deepen the implementation of globalization、Digitalization and Low-Carbon Strategy；Intelligent、Electric new products continue to penetrate the market，Make the group fully mechanized mining、Wide-body car、Significant increase in revenue from SKM and DJM products；

The globalization strategy has achieved remarkable results.，The international market has achieved leapfrog development.，International sales revenue increased substantially.；

The newly acquired oil and gas equipment segment and emerging industry equipment segment generated revenue during the period.；

Fully implement digital intelligent operation，Implement quality improvement and efficiency enhancement、Cost reduction and cost control measures，Increase the gross profit margin of products。

During the reporting period，Sany International resolutely implements the Group's management policy of high-quality development，Continuous improvement of gross profit margin，Accumulated consolidated gross profit margin for the first three quarters was 27..2%，Compared with the previous month, it increased by 1.2PP，Consolidated gross profit margin of overseas operations 29.6%，The month-on-month increase was 2.1PP。

After the release of the results，CITIC Machinery commented that the performance of Sany International was outstanding.，Profitability continues to improve，The ability to cross the cycle is highlighted。Company layout mining equipment、Port logistics equipment、Oil and gas equipment、And equipment for emerging industries，Continue to increase overseas business layout，It has grown into an international integrated equipment platform.。Since this year, the company's port logistics equipment revenue scale and profitability have both improved.，Oil and gas equipment contributes important profit increment，It reduces the impact of fluctuation of Coal Machinery industry.，It also provides strong support for the cultivation of equipment for emerging industries.。On the whole，The company's internationalization strategy has achieved remarkable results.，Highlight the strong ability to cross the cycle。

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