Shantui Co., Ltd.: Business operations in the Middle East have not been substantially affected.

K-LinePoet · 2026-03-22T20:06:51+00:00

Shantui Co., Ltd. stated at its earnings conference that the company has two subsidiaries in the Middle East region: a Dubai company and a Saudi company. The Middle East conflict mainly impacts the Dubai company's business operations, but the company with larger business volume is the Saudi company. Therefore, the company's business development in the Middle East region has not been substantially affected. Instead, it has further promoted the digestion of overseas inventory. (China Finance News)

K-LinePoet

2026-03-22 20:06:51

Shantui Co., Ltd. stated during the earnings presentation that the company has two subsidiaries in the Middle East: one in Dubai and one in Saudi Arabia. The Middle East conflict mainly affects the Dubai company’s operations, but since the Saudi company handles a larger volume of business, the company’s operations in the Middle East have not been significantly impacted. Instead, it has further promoted the digestion of overseas inventory. (People’s Financial News)

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