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China recovery boosts cranemaker Yongmao's Q2
Published Mon, Nov 4, 2013 · 10:00 PM
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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 …
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