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China construction machinery sales scale decline narrowed before may

Post date:[13-06-20]     Click:[]


Global economic downturn continues to drag on engineering machinery enterprise's profit ability. Last year's global top 50 engineering machinery net profit fell 5.46%. And domestic construction machinery industry in the first quarter of this year after falling, April and may showed signs of stabilization, decline in industry sales size narrow.
The domestic market decline narrowed

China construction machinery industry association secretary-general Su Zimeng 19 morning, according to the first quarter of 2013, including zoomlion (000157, shares), xugong construction machinery (000425, shares), the domestic engineering machinery leading enterprise's revenues have fallen dramatically.

Su Zimeng thinks that construction machinery industry at present the situation will remain for a period of time. At present industry production and sales, he said, although the decline, but the decline has been stable, April and may decline in industry sales scale in narrow.

Guo Xuegong zoomlion vice President said in an interview with the China securities journal reporter, although the April and may sales of construction machinery industry decline in narrowing, but it is difficult to judge whether sector has bottomed out.


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