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Sat June 15 2024

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Komatsu on course despite China decline

28 Oct 11 Plant giant Komatsu saw its net sales grow 14.7% in the six months to 30 September 2011, to ¥985.8bn (£8.1bn).

Komatsu WA380 wheel loader
Komatsu WA380 wheel loader

Pre-tax profit rose 48% to ¥94.6bn (£775m).

For the full year to 31 March 2012, Komatsu is forecasting sales of ¥2050bn (£16.8bn), up 11.2% on last year.

Directors said that demand had declined in China, but held up well enough elsewhere for the company to hit the full-year targets set at the beginning of the year.

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