Sales revenue decreased by 17.5 percent to RMB 3 816 mn, Profit before tax dropped by 32.6 percent to RMB 381 mn, Asia (excl. China/India) region grew by almost 15 percent, Uzbekistan and Mexico performed well. Clement Woon, Chief Executive Officer, says: “The first six months of the year proved challenging for the group as we are seeing the delayed impact of the uncertainty resulting from the ongoing trade disputes. Investors are reluctant to invest and since business in our core markets, including China, India and Turkey, are reliant on financing, these factors have had a strong impact on Saurer. Global growth has also slowed down this year.

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