First Tractor : YTO Product Sales Continued to Increase

YTO Product Sales Continued to Increase

Published：2022-12-05

Recently,YTO Shares disclosed the third quarter report of 2022. In the first three quarters, the company's operating revenue was 10.222 billion yuan, with a year-on-year growth of 25.56%. Net profit attributable to the owner of the parent company was 907 million yuan, up 35.61% year on year. Basic earnings per share were 0.8076 yuan, up 33.75% year-on-year.

Under the complex and changeable external environment, the company actively gave full play to its comprehensive advantages in products, channels, services and publicity. Through a series of precise and flexible marketing measures, the company realizedcontinuous growth of the main productsand always maintained the leading position in the industry.

During the reporting period, the sales volume of large and medium-sized tractors reached 26,000 units, with a year-on-year growth of 35%. In the first three quarters, the cumulative sales volume reached 79,700 units, with a year-on-year growth of 23.32%, higher than the industry growth rate, and the market share further increased. The sales of YTO diesel engines reached 39,300 unitsduring the reporting period, with a year-on-year growth of 19%. In the first three quarters, the cumulative sales reached 119,400 units, with a year-on-year growth of 9.95%.