Sumec Corporation Limited

Shanghai Stock Exchange 600710.SS

Sumec Corporation Limited Gross Profit for the year ending December 31, 2023: USD 967.11 M

Sumec Corporation Limited Gross Profit is USD 967.11 M for the year ending December 31, 2023, a -2.71% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Sumec Corporation Limited Gross Profit for the year ending December 31, 2022 was USD 994.09 M, a -5.12% change year over year.
  • Sumec Corporation Limited Gross Profit for the year ending December 31, 2021 was USD 1.05 B, a 25.24% change year over year.
  • Sumec Corporation Limited Gross Profit for the year ending December 31, 2020 was USD 836.58 M, a 6.41% change year over year.
  • Sumec Corporation Limited Gross Profit for the year ending December 31, 2019 was USD 786.15 M, a 7.52% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Shanghai Stock Exchange: 600710.SS

Sumec Corporation Limited

CEO Mr. Weilin Zhao
IPO Date July 1, 1996
Location China
Headquarters No. 898 West Huang He Road
Employees 16,107
Sector Industrials
Industries
Description

Sumec Corporation Limited distributes construction machinery and equipment in China. The company offers wheel loaders, excavators, motor graders, backhoe loaders, skid steer loaders, road rollers, landfill compactors, bulldozers, forklifts, truck cranes, truck mounted cranes, mining trucks, pavers, road headers, and structural parts for heavy equipment, as well as solar home lighting systems. It also exports its products to the Philippines, Vietnam, Indonesia, and other Southeast Asian countries; Saudi Arabia, Oman, Iran, and other West Asian countries; Kazakhstan, Russia, Belarus, and other CIS countries; Togo, South Africa, and other South African countries; and Argentina, Mexico, and other South American countries. The company was formerly known as Changlin Company Limited and changed its name to Sumec Corporation Limited in October 2017. Sumec Corporation Limited was founded in 1961 and is based in Changzhou, China.

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StockViz Staff

January 15, 2025

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