XCMG: Mining machinery revenue in the first three quarters exceeded 5.5 billion yuan, up nearly 30% year-on-year

January 31, 2024

News on January 27，XCMG disclosed the record of investor relations activities.，The company's Mining Machinery business products mainly include mining.，Income accounts for more than 30 percent%；Mine hinge card，Income accounts for more than 50 percent%。Mining Machinery revenue exceeded 5.5 billion yuan in the first three quarters，Year-on-year growth of nearly 30%。Aerial Work Platform Sales Exceeds 3.70,000 units，Year-on-year growth of 30%，Sales revenue exceeded 5.5 billion yuan.，Year-on-year growth of over 50%，Exports accounted for about 11% of income%。

The company's marketing network covers more than 190 countries and regions around the world，Major export regions include Southeast Asia、Central Asia、Africa, etc，The overseas market maintains a good trend.。The company plans to grow by stabilizing revenue.、Reduce costs and adjust product structure to further improve gross profit margin。

AI Translation Notice: This article was translated from Chinese into English using AI-assisted translation. Original source: http://news.lmjx.net/2024/202401/2024013111245323.shtml. The translation may contain errors, and the original Chinese source should be referred to for accuracy.

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