Zoomlion Heavy Industry Science and Technology Co., Ltd. Provides Earnings Guidance for the Period from January 1, 2021 to March 31, 2021
March 30, 2021 at 06:56 pm IST
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Zoomlion Heavy Industry Science and Technology Co., Ltd. provided earnings guidance for the period from January 1, 2021 to March 31, 2021. For the period, the company estimated net profit attributable to equity shareholders of the company is RMB 2,200 million to RMB 2,600 million. net profit attributable to equity shareholders of the company after extraordinary items is RMB 2,070 million to RMB 2,520 million. Basic earnings per share is RMB 0.29 to RMB 0.35.
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. 
