Injection moulding machinery producer Haitian International (Hong Kong / China; www.haitianinter.com) has reported a net profit marginally up year-on-year to a record RMB 1.33 bn (EUR 182m) in 2015 on sales down 3% at RMB 7.34 bn. The company delivered around 26,000 machines in the year. It said that, despite an ongoing difficult operating environment, its domestic sales had suffered only a minor 4% drop to RMB 4.87 bn. In export markets, Haitian has strengthened its sales network and enhanced service levels. In regions including Vietnam, South Korea, India, Europe and Mexico, the company reported “impressive” sales growth, it said. Overall exports fell by 1.6% year-on-year to RMB 2.29 bn, the second highest the company has recorded.

During the year, Haitian continued a business strategy of converting small tonnage hydraulic machines to electric operation and large tonnage machines to two-platen solutions. Sales of the all-electric “Zhafir Venus” series increased by 29% to RMB 676m, having reached more than 1600 orders, an increase of 46% compared to 2014.

Looking forward, Zhang Jianming, Haitian executive director and CEO, said: “Over the past five decades, we faced different ups and downs and structural changes to the Chinese economy. We will continue to navigate through the existing environment and capture business opportunities again so as to grow stronger. We will launch a significant upgrade of our electrical and two-platen series, which comprises second-generation models of all the product lines. This will enable us to improve customer benefits and expand our market share.”