Construction Machinery: 2020 Half-year Net Profit of About 161 Million Yuan, Down 14.16% YoY

Recently released semi-annual results report, the first half of 2020 attributable to shareholders of listed companies net income of about 161 million yuan, down 14.16 percent year-on-year, operating income of about 1.535 billion yuan, up 9.73 percent year-on-year, basic earnings per share of 0.1847 yuan, down 18.71 percent year-on-year. According to the 2019 Annual Report, the main business of construction machinery is leasing industry and equipment sales, accounting for 92.7% and 4.31% of revenue, respectively.