Shandong Vio Machinery co.,ltd.

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Shandong Vio Machinery co.,ltd.
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Shandong Vio Machinery co.,ltd.

 [Shandong,China]

Business Type:Agent , Distributor/Wholesaler , Manufacturer , Organization , Other , Retailer , Service , Trade Company

Main Markets: Africa , Americas , Asia , Caribbean , East Europe , Europe , Middle East , North Europe , Oceania , Other Markets , West Europe , Worldwide

Certs:CE, TUV

Shandong Vio Machinery co.,ltd.
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Home> Industry News> XCMG reveals extent of its international sales

XCMG reveals extent of its international sales

May 18, 2024
XCMG has announced its financial results for 2023, with the OEM saying that XCMG`s business income reached CNY92.848 billion (US$12.83 billion).


SHANDONG VIO Machinery co.,ltd. supply a full range of XCMG equipment, including crawler bulldozer, Wheel Loader , Excavator for sale, pipelayers, mining trucks, road grader, ROAD ROLLER , milling machines, pavers, and more. We also offer a complete range of spare parts. If you need any assistance, please feel free to contact us.

The OEM also revealed that its international revenue increased 33% in 2023 compared to 2022 to reach CNY37.220 billion yuan (US$5.14 billion). This accounts for approximately 40% of XCMG`s total income, the highest this percentage has ever been. XCMG said that it has, [unwavering commitment to its internationalization strategy."



In a press release XCMG said that [Despite facing profound changes in both domestic and international competence environments throughout the year" it had achieved double-digit net profit growth while enhancing gross margin and sales net profit margin.

We are specializing in wholesale supply of Bulldozer Parts, XCMG Wheel Loader Parts, Hitachi Excavator Parts, Engine Parts, Road Roller Parts, Motor Grader Parts, sino trucks spare parts,
XCMG added that revenues from new energy-related equipment (such as electric-powered equipment) and businesses have doubled for two consecutive years, and now accounts for almost 10% of XCMG`s total revenue.


The Chinese OEM added that in 2023 its digital supply chain initiative was recognised as a key industrial internet project in Jiangsu Province, China, adding five provincial industrial internet benchmark factories.


XCMG achieved level three maturity in intelligent manufacturing capabilities with three enterprises, and both the XCMG Hoisting business unit and XCMG Transmission were newly included in the Ministry of Industry and Information Technology`s `5G Factory Directory`.
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Author:

Mr. Andrei xue

E-mail:

globalparts@shantui-xcmgparts.com

Phone/WhatsApp:

+8613188807641

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Contact Us

Author:

Mr. Andrei xue

E-mail:

globalparts@shantui-xcmgparts.com

Phone/WhatsApp:

+8613188807641

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October 28, 2024

Exhibition News
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