Company news

YTO Got a Flying Start in the First Quarter


YTO issued a first-quarter report. The year-on-year growth rate of operating revenue was 55.14%, and net profit attributable to the parent company increased 95.60%. In the opening year of the 14th Five-Year Plan, YTO ushered in a great start.

In 2020, facing the sudden COVID-19 epidemic, YTO achieved a year-on-year growth of 28.04% in tractor sales. Diesel engine sales increased 28.97% year on year. On the basis of last year's high growth, YTO tractors achieved a year-on-year growth of 59.03% in the first quarter of 2021 and diesel engine sales increased 79.34%.

Spring ploughing has started in different places in China. In order to meet the needs of the market and users, all units of YTO closely cooperated to ensure the delivery of orders. All staff excelled in their performances as models and fulfilled their duties as pioneers.