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engineering machinery industry has been near the bottom and rebound in sight

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  • Time of issue:2013-10-01 00:00
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(Summary description)engineering machinery enterprises have released 2013 semi-annual report, edit nots that, by the whole, the decline is still the main theme, among the main engineering machinery enterprises, only Sunward achieves increasing revenues, the rest were dropped. However, we will find carefully after reading the semiannual that the worst time is over, and from the second quarter , the entire industry began a slow recovery.

engineering machinery industry has been near the bottom and rebound in sight

(Summary description)engineering machinery enterprises have released 2013 semi-annual report, edit nots that, by the whole, the decline is still the main theme, among the main engineering machinery enterprises, only Sunward achieves increasing revenues, the rest were dropped. However, we will find carefully after reading the semiannual that the worst time is over, and from the second quarter , the entire industry began a slow recovery.

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2013-10-01 00:00
  • Views:
Information
with the market condition of the second half, there are engineering machinery association, pointing out that , although recently the state will not introduce large-scale fiscal stimulus to promote economic growth, but 2013 is the third year for the implementing of the "Twelfth Five Year Plan" , the investment from state will be more in transportation infrastructure construction and urbanization construction . And within the " Twelfth Five-Year " period , China's highways, railways, airports, water conservancy and other infrastructure and urbanization will maintain a certain investment intensity , so as to further improve the economy , China's engineering machinery industry is expected to maintain steady and sustained development . In fact , in the first stock market trading day ( September 2 ) after all the various engineering machinery enterprises report released, engineering machinery stocks generally rose, intraday Zoomlion once strike the limit up , closed at 8.1% of the high- rise , Sany and XCMG were also achieved 5.26% and 4.57% of the increase. Some analysts said the reason why the engineering machinery sector again was funding favorable several days later, was mainly due to the stabilization of the performance , national policy loose, and warming up the industry expecting and the undervalued performance , and Zoomlion , in which the most capital inflows ,the report shows , the second -quarter revenue and net profit has grown significantly relative to the first quarter and the decline substantially narrowed .

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