By the 2012 impact of the decline in investment growth in the second half, concrete machinery sales began to decline until the first quarter of 2013 has not improved from the sales data, by the downstream demand is low, accounts receivable bad debt problem of the conditions of sale of the company to tighten impact, excavators, cranes and other products in the sales decline in the first quarter presents about 20%, profits are a greater impact.
After entering the second quarter to accelerate investment in infrastructure, industry recovery in the second quarter is expected to remain, in March 2013, with excavators, loaders represented engineering machinery products sales fell margin has narrowed to about 5%.
In the second quarter, with the market expected to accelerate investment in infrastructure improvement and construction machinery sales growth is expected to remain there.
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