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LiuGong announces record sales

Posted By Lauren Heartsill Dowdle On November 1, 2010 @ 8:50 am In Industry Briefs | No Comments

LiuGong Machinery posted record sales, profits and export volumes during the first half of 2010, reported company officials.

LiuGong set a sales record of $1.2 billion through June, a 63.5 percent increase from the same period last year. LiuGong’s net profits were $137.8 million on $165 million gross profits. This represents a 148 percent increase on the same period last year. LiuGong reported earnings of 21 cents per share.

LiuGong is headquartered in Guangxi, PR China, and offers a full line of construction equipment to the global market.

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