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bullish
Zoomlion Heavy Industry H
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Zoomlion (1157 HK) – 2Q23 Net Profit +50% YoY in Line with Expectations
Equity Bottom-Up
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31 Aug 2023 23:13
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The growth was driven by 21% YoY revenue growth (to RMB13.7bn), and 7.6ppt YoY (2.7ppt QoQ) expansion of gross margin to 29%.
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