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SANY Heavy Industry Crowned Top Chinese Construction Machinery Firm in Forbes Global 2000
SANY Heavy Industry Crowned Top Chinese Construction Machinery Firm in Forbes Global 2000

Cision Canada

time6 days ago

  • Business
  • Cision Canada

SANY Heavy Industry Crowned Top Chinese Construction Machinery Firm in Forbes Global 2000

CHANGSHA, China, June 26, 2025 /CNW/ -- SANY Heavy Industry ( has been recognized as China's premier construction machinery manufacturer in Forbes' 2025 Global 2000 list, ranking 956th position worldwide. The prestigious list evaluates companies based on four key metrics: sales, profits, assets, and market value, with data calculated from the latest 12-month financial results as of April 25, 2025. This achievement underscores SANY's leadership credentials in the global heavy machinery industry, validating its forward-looking "Globalization, Digitalization, and Decarbonization" strategy and reinforcing confidence in its innovation-driven, high-quality growth. Impressive Financial Performance Drives Leadership Position During the reporting period covered by Forbes' rankings, SANY Heavy Industry delivered robust financial results with revenues reaching $10.83 billion and profits and $830 million, respectively. The company's assets were valued at $21.08 billion while its market capitalization stood at $22.06 billion. According to SANY's 2024 annual report, its top revenue-generating products were excavators, concrete machinery, and cranes. Notably, net cash flow from operating activities surged to $2.07 billion, marking a remarkable year-on-year increase of 159.53%, reflecting enhanced operational efficiency. Reaffirming its commitment to shareholder value and transparent communication, SANY reported a net profit attributable to shareholders of approximately $835.66 million) for the fiscal year 2024 — a 32% year-on-year growth, further solidifying its financial resilience and strategic execution. Strategic Innovations Fuel High-Quality Development SANY Heavy Industry remains at the forefront with innovation-driven strategies focused on globalization, digitalization, and decarbonization. In the fiscal year 2024, international business revenues reached approximately $6.78 billion, reflecting a year-over-year increase of 12% and contributing nearly 64% to the company's total main business revenue. In addition to expanding production capacity at their Phase II Lighthouse factory in Indonesia through advanced technologies such as digital twins and process simulation, SANY also achieved significant sales in new energy products totaling over $563 million. These efforts reflect the company's commitment to environmentally friendly and resource-efficient operations. Xiang Wenbo, Chairman of SANY Heavy Industry, stated: "This ranking is a recognition of our comprehensive strength at an international level." He further emphasized that "SANY will continue advancing our three core strategies, globalization, digitalization and decarbonization development to create greater value for customers worldwide while accelerating green innovations."

BRI Named Indonesia's Largest Public Company in the Forbes Global 2000 List for 2025
BRI Named Indonesia's Largest Public Company in the Forbes Global 2000 List for 2025

Korea Herald

time19-06-2025

  • Business
  • Korea Herald

BRI Named Indonesia's Largest Public Company in the Forbes Global 2000 List for 2025

JAKARTA, Indonesia, June 19, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI), has once again achieved an international milestone by securing the 349th position among the world's 2,000 largest public companies in the Forbes Global 2000 – The World's Largest Companies list for 2025. This achievement positions BRI as the highest-ranked public company from Indonesia on Forbes' prestigious list. The Forbes Global 2000 is an annual ranking, now in its 23rd year. Forbes compiles the list based on four key metrics: sales, profit, assets, and market value. According to Forbes' official publication, despite ongoing global geopolitical uncertainties and the impact of U.S. tariff policies, all four indicators have reached new records this year. The 2,000 companies on the 2025 Global 2000 list represent total annual revenues of USD 52.9 trillion, profits of USD 4.9 trillion, assets of USD 242.2 trillion, and a combined market capitalization of USD 91.3 trillion. According to the report, BRI recorded strong performance with revenue of USD 16.07 billion, profit of USD 3.8 billion, assets totaling USD 123.83 billion, and a market value of USD 33.48 billion, further solidifying its position on the global stage. This reflects BRI's consistency and strong competitiveness as a financial institution that continues to grow and transform internationally. Commenting on BRI's recognition as the No. 1 public company in Indonesia on the Forbes Global 2000 list for 2025, BRI President Director Hery Gunardi expressed his pride and appreciation for all BRILiaN personnel (BRI employees), as well as BRI's loyal customers. "This achievement is dedicated to all BRILiaN personnel who have given their best contributions, allowing BRI to grow sustainably. We also extend our gratitude to all our loyal customers who continue to use and enjoy BRI's products and services," said Hery Gunardi. He added that the recognition is solid proof of BRI's commitment to maintaining strong fundamentals amid increasingly complex global economic challenges. "This recognition inspires us to continue transforming and innovating to deliver world-class services, especially for the Indonesian people," he said. According to Forbes, BRI ranks 349 globally and first in Indonesia on the 2025 Global 2000 list, alongside 11 other Indonesian companies such as Bank Mandiri (408), BCA (482), Telkom Indonesia (1,003), and BNI (1,064), among others.

UH Mānoa earns top spot out of 21,000 universities
UH Mānoa earns top spot out of 21,000 universities

Yahoo

time03-06-2025

  • Business
  • Yahoo

UH Mānoa earns top spot out of 21,000 universities

HONOLULU (KHON2) — In a recent list released on June 2, the University of Hawaiʻi at Mānoa placed in the top spot out of thousands of universities for education, research and more. Hawaii Football to play five games on national TV According to the 2025 Global 2000 list by the Center for World University Rankings, UH Mānoa placed in the top 2.6% out of more than 21,000 worldwide universities. The flagship campus placed number 140 among the top universities in the U.S., and number 553 out of 21,462 ranked worldwide universities. 'Being recognized among the top universities in the world reflects the dedication of our faculty, students and staff,' UH Mānoa Provost Michael Bruno said. 'Our commitment to advancing knowledge and serving our community continues to resonate far beyond our islands.' Four key objective pillars were analyzed for the rankings: education, employability, faculty and research. Check out more news from around Hawaii The center said that equal emphasis was put on student and faculty indicators, and that 74 million outcome-based data points were used. For the full list, visit the Center for World University Rankings website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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