Excavators, cranes, etc. in the first quarter sales fell 20%

Since the second half of 2012, subject to the impact of falling real estate investment growth, concrete machinery sales began to decline until 2013 a quarter has not improved. From sales data, excavators,  overhead bridge crane   and other products in a quarter, about 20% in sales volume decline. Sluggish downstream demand, accounts receivable bad debt problems of the company tightened conditions of sale, profits are at a greater impact.

However, after entering the second quarter will accelerate investment in infrastructure,overhead gantry crane two quarters of recovery is expected to remain the industry. March 2013 to excavators, loaders, represented by sales of construction machinery product range has been narrowed down to about 5%. 2 quarter,steel crane with investment in infrastructure and the market is expected to accelerate the improvement of growth in sales of construction machinery is expected to remain.