Construction machinery makers enjoy stimulus push

Construction machinery manufacturers will report better-than-expected earnings for 2009, thanks to a huge increase in demand from the government's stimulus package.

Eighty percent of manufacturery expect last year's profits to reveal record growth, above the 60 percent average reported by listed companies that filed pre-disclosures in their annual reports recently.

There are currently 96 listed machinery makers in China, and the majority of them expect revenue to be over 50 percent, while several are forecasting a 10-fold rise in revenue for 2009.