XCMG Group: Net profit in the first half of 2025 was 3.3634 million yuan, a year-on-year decrease of 43.82%.

date
29/08/2025
XCMG announced that in the first half of 2025, the operating income was 311 million yuan, a year-on-year decrease of 22.08%. Net profit was 3.3634 million yuan, a year-on-year decrease of 43.82%. During the reporting period, the company's current operating income, profit indicators, and earnings per share decreased compared to the same period mainly due to intense competition in the overseas earthwork machinery market and changes in the engineering construction progress in the area where the shield tunneling business operates. The decrease in net cash flow generated by operating activities in this period was mainly due to a significant increase in business procurement payments and a decrease in sales receipts.