3 November 2025 Sany Heavy announced its 3Q25 business update with revenue increased 14.1% YoY to Rmb18.1bn in 9M25. Net profit grew by 22.9% YoY to Rmb1.7bn in 9M25. Through comprehensive initiatives to enhance operational quality and efficiency, combined with
CROSBY Research – Sany Heavy Equipment (631 HK/NR): 9M25’s momentum on track for a promising FY25



