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Hill pushed shares numerous reports of small bulldozer in short supply by sgbvdf asga
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Hill pushed shares numerous reports of small bulldozer in short supply by SGBVDF ASGA
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| Article Posted: 12/29/2010 |
| Article Views: 90 |
| Articles Written: 2044 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 541 |
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Hill pushed shares numerous reports of small bulldozer in short supply |
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Business,Business News,Business Opportunities
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good news story
In the first quarter, construction machinery industry good news story are frequent, but the industry as a bulldozer boss?? Hill pushed shares outstanding natural performance. From the company's 2009 annual shareholders meeting that, at present the company orders full, low-power bulldozer in short supply. Company expects total net profit for the first half of 2010 from 403.9 to 504.9 million yuan, an increase of 100% -150%. For 2010, the company plans to achieve operating income of 12 billion, compared with 6.95 billion yuan in 2009 increased by 70%.
Construction machinery industry in 2010 entered a new historical period, domestic market demand is increasing rapidly, sustained hot. Chairman Ms Cheung said the company an outstanding quarter, mainly due to state 4 trillion Release of investments and the promotion of national urbanization. 4000000000000 bring infrastructure is now in full swing, resulting in construction machinery industry appears explosive prosperity. In addition, the accelerated construction of new countryside and coastal Tim Land in Sea project forward, the small horsepower is 160 horsepower bulldozer, particularly in short supply.
It is worth mentioning that the increase in operating income, gross margins fell a certain range. Ms Cheung, chairman of the interpretation given to this is: At present, the company's strong sales of small bulldozers, 160-horsepower models accounted for 70% of the low margins of small horsepower tractor, which reduced the margin to some extent. This company will take a series of measures to focus on the company's bulk procurement of materials, integration of the entire company's external procurement resources, and strive for the greatest side benefits, the establishment of corporate buyers guide price and contract price validation system, thereby reducing costs.
Ms Cheung also stressed that the company will wish to develop other products, as soon as possible allowed to mature, to be involved in higher margin industry, actively promote key strategic layout, the domestic market should continue to consolidate and improve the bulldozers, road machinery market share, build a strong concrete machinery, forklifts and other new products marketing network. Companies are very optimistic about prospects for the development of concrete machinery, the company was in 2008 through the acquisition of Hubei Chutian Engineering Machinery Co., Ltd., established Shantui Chutian Engineering Machinery Co., Ltd.. The company expects the next few years, concrete machinery is expected to become the bulldozers outside another major competitive products, a new profit growth point.
Turning to the overseas market Shantui, Ms Cheung said the overseas market last year, a substantial decline in the current chain has improved, but not signs of a sharp upturn. Company that will accelerate the distribution of overseas marketing, focusing on North America, Europe, and accelerating the full hydraulic sales. On the basis of relatively weak, the market potential good target markets such as Ghana, Saudi Arabia and other countries, the company will adopt fair, test drive a variety of promotions, etc., to speed up distribution of overseas business and increase sales network investment, gradually building overseas subsidiaries strive to achieve breakthroughs in European and American markets. I am an expert from China Toys Suppliers, usually analyzes all kind of industries situation, such as cca first national , silk ribbon for embroidery.
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