XCMG reveals extent of its international sales
13 May 2024
China-based XCMG has announced its financial results for 2023, with the OEM saying that the company’s business income reached CNY92.848 billion (US$12.83 billion).
XMG is one of the world's biggest OEMs by equipment sales. (Photo: XCMG)
This figure is a slight decline from last year when the company reported revenues for 2022 of US$13.4 billion, but the Chinese construction market has suffered a very difficult 2023.
The OEM also revealed that its international…