Zoomlion Captures Broad Blue Ocean Market with Emerging Segments Account for over 20% of Total Revenue in 2021 – QNT Press Release

[ad_1]

CHANGSHA, China, April 1, 2022 /PRNewswire/ — On March 30Zoomlion released its 2021 annual report. The company secured operating revenue of RMB 67.131 billionup 3.11% year over year. Emerging segments such as aerial work machinery, earthmoving machinery, new building materials, agricultural machinery and smart agriculture were responsible for more than 20% of the Company’s revenue, a year-on-year increase of nearly 6 percentage points.

In recent years, Zoomlion has been focusing its business plan on three major segments: construction machinery, agricultural machinery + smart agriculture, and new building materials. The annual report suggests that Zoomlion continued to keep construction machinery stabilized and improved in 2021, with an annual report sales revenue of RMB 63.523 billion

Full story available on Benzinga.com

[ad_2]

Source link