Inner Mongolia North Hauler Joint Stock Co (NHL), a Baotou-based mine truck manufacturer, reported profits of 481 million yuan ($69 million) in the first eight months of 2018, year-on-year growth of 110 percent, reports Baotou Daily.

In that period, the company exported 99 mine trucks and expects to export 260 trucks by the end of 2018, with sales revenue exceeding 1.3 billion yuan. 

Founded in 1988 and listed on the Shanghai Stock Exchange in June 2000, NHL is now a leading company in the research and development, production and sale of mine trucks.

The company is nearing its goal of becoming a leading global mine truck manufacturer, thanks to its 28 years of experience and stable revenue growth.

An employee tests machinery in a workshop owned by Inner Mongolia North Hauler Joint Stock Co, a Baotou-based mine truck manufacturer. [Photo/Baotou Daily]