SANY Heavy Industry Reports Significant Revenue Growth in Q3 2025

SANY Heavy Industry Co. Ltd. (stock number: 600031) has recently announced its financial performance for the third quarter of 2025, revealing a remarkable revenue growth of 10.73% compared to the same period last year. The company recorded total revenues of approximately $2.96 billion in Q3, while the net income attributable to shareholders rose substantially by 48.18% to $0.27 billion. This performance underscores the effectiveness of SANY's strategic initiatives, particularly its 'Three Transformations' strategy which emphasizes globalization, digitization, and a commitment to low-carbon development.

In terms of cumulative results over the first three quarters of 2025, SANY reported revenues reaching $9.18 billion, marking a year-on-year increase of 13.56%. Concurrently, the net income attributable to shareholders surged to $1 billion, up 46.58% year-on-year. Additionally, the operating cash flow for the quarter reached an impressive $2.03 billion, reflecting a 17.55% increase compared to the previous year, indicating a significant improvement in profitability.

Strong Results Supported by Strategic Initiatives

The outstanding financial results further highlight the success of SANY's 'Three Transformations' strategy, which integrates global expansion efforts with a dedicated focus on sustainable practices. The company's globalization initiatives have made significant headway, particularly as it establishes its footprint in international markets. A notable milestone was achieved on November 1st, when SANY successfully launched a solar energy project in Zambia, specifically the Chowa mine, through its subsidiary SANY Silicon Energy. This project merges existing mining resources with an advanced microgrid energy system, effectively meeting the energy demands of mining vehicles and construction machinery. This initiative not only reinforces energy stability for mining operations but also aims to create a