AMID signs of a recovery in China's infrastructure demand, China-based crane maker Yongmao Holdings reported a net profit of 14.9 million yuan (S$3 million) for its second quarter ended Sept 30, 2013, up 76.4 per cent from 8.4 million yuan a year ago.

The results were due to higher sales to China and Middle East markets on stronger demand. Quarterly revenue was up 28.1 per cent year-on-year to 232.1 million yuan.

Sales in China, which amounted to about two-thirds of quarterly revenue, were up 42 per cent. Sales in the Middle East were up by more than seven times, the company said without disclosing details. The strong performance, however, was slightly offset by a decline in Asia sales due to weaker demand.