2007 is the eighth year in a row that Hangcha Engineering Machinery., Ltd. had a very high speed growth.
Both production and sales of the company increased in 2007. The sales volume was 37925 units; 40.32% more than that of 2006. The sales revenue was more than RMB 3 billion Yuan; 40.32% more than that of 2006. Meanwhile, the market share also increased.
The export of the company also had very good achievements: the export volume was 10647 units, earning foreign exchange of USD141 million, which is the number one of the industry.
Though the price of raw material rose greatly, the net profit of Hangcha was 50.57% more than that of 2006. The industrial economic composite index is 356.33, far high than the average level of the industry.
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