LiuGong posts record sales

摘要

LiuGong Machinery Corp, the China-based heavy construction equipment manufacturer, has posted increased sales, profits and export volumes during the first half of 2010. The company set a sales record of $1.2 billion to June, a 63.5% increase from the same period last year. LiuGong's net profits were $137.8M on $165M gross profit. This represents a 148% increase on the same period last year. The company sold 2,220 machines through export, a 39% increase over the first half of 2009, and 27,908 units domestically; a 60% increase over 2009. Wheel loaders, excavators, cranes and forklifts comprised the top product volumes sold.