Kama Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 30, 2019 at 09:16 pm
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KAMA Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,896.085 million compared to CNY 2,254.740 million a year ago. Operating income was CNY 688,725.01 compared to operating loss of CNY 12.991 million a year ago. Net loss was CNY 9.855 million compared to CNY 24.422 million a year ago. Basic loss per share from continuing operations was CNY 0.0154 compared to CNY 0.0382 a year ago.
Kama Co Ltd is a China-based company primarily engaged in the production and sale of trucks and small electromechanical products. The Company conducts its business through three segments. The Truck segment provides products such as mini trucks, light trucks, engineering vehicles, special vehicles, electric vehicles and pickup trucks. The Internal Combustion Engine segment provides single-cylinder diesel engines, multi-cylinder diesel engines, agricultural equipment and oil pump products, as well as small electromechanical products such as generators, engines and tea garden machinery. The Trading and Others segment is engaged in the trading business of trucks and electromechanical products. The Company conducts its business primarily in the domestic and foreign markets.