China’s XCMG posts soaring business revenue in 2009 (People’s Daily)

Wednesday, February 10th, 2010 | Business with Comments Off

XCMG Construction Machinery Co., Ltd.(XCMG), China’s largest construction machinery maker, said Tuesday its business revenue in 2009 surged 30.3 percent year on year to nearly 20.7 billion yuan (3 billion U.S. dollars). In its annual report of 2009 to the Shenzhen Stock Exchange, the company said its 2009 net profit reached 1.74 billion yuan, up 16.4 percent year on year. The earnings per share …
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