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Sany Heavy Industry - China's largest heavy machinery maker and key competitor to Caterpillar...

Sany Heavy Industry - China's largest heavy machinery maker and key competitor to Caterpillar (CAT) - posted Q3 income down 59% Y/Y, thanks to an 18% decline in sales. Also of note is an 83% jump in accounts receivable as customer payments slowed. Sany shares are off 40% Y/Y.
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Comments (1)
  • MexCom
    , contributor
    Comments (3057) | Send Message
     
    Sad to anticipate that CAT is going to get a surge from equipment sales to cleanup storm damage from Sandy.
    29 Oct 2012, 03:48 PM Reply Like
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