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Caterpillar Rival Sany Of China Says Net Profit Dropped 44% In 1st Qtr Amid Falling Sales

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Sany Heavy Industry, the flagship construction equipment business of China’s third-richest man Liang Wengen, said on Saturday net profit fell by 44% in the first three months of the year amid a decline in sales. Reported by Forbes.com 2 hours ago.

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