Zoomlion Heavy Industry Science and Technology Co., Ltd. Provides Earnings Guidance for the Year Ended December 31, 2011
January 30, 2012 at 03:23 pm
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Zoomlion Heavy Industry Science and Technology Co., Ltd. provided earnings guidance for the year ended December 31, 2011. For the period, net profits attributable to the shareholders of the company estimated to be increase from 55% to 75% compared to last year, profits in a range of RMB 7,231,660,000 to RMB 8,164,780,000 with approximately RMB 0.94 to RMB 1.06 basic earnings per share. During the year ended 31 December 2011, due to the continuous promotion of the company's marketable products, the sales income of the company recorded substantial increase when compared to last year.
Zoomlion Heavy Industry Science & Technology Co., Ltd. specializes in the development, manufacturing and marketing of industrial construction equipment. Net sales break down by family of products and services as follows:
- construction equipment (94.2%): concrete machines, cranes truck, crawler trucks, tower cranes, road machinery and road maintenance machinery (motor graders, road rollers, coating cold milling), rotary drills, earth moving equipment (crawler loaders, bulldozers and excavators), materials handling machines, etc.;
- agricultural machinery (4.1%): harvesters, tillers, cultivators, tractors, drying machines, etc.;
- financial services (1.7%).
China accounts for 94.1% of net sales.
ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD. 
