Ken Holding Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 24, 2019 at 05:52 pm
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Ken Holding Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 583.196 million compared to CNY 549.141 million a year ago. Operating loss was CNY 46.814 million compared to operating Income of CNY 3.196 million a year ago. Net loss was CNY 44.786 million compared to net income of CNY 4.440 million a year ago. Basic loss per share from continuing operations was CNY 0.15 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago.
Ken Holding Co Ltd is a China-based company mainly engaged in the research and development (R&D), production and sales of professional electric tools. The Company's products include brand products and conventional products. The brand products include new lithium impact wrenches, lithium angle grinders, lithium light hammers, lithium brushless electric drills, new energy accumulation motor series angle grinders, etc. Conventional products include economical electric hand drills, steel machine and double function electric hammers. The Company's products are sold to domestic and foreign markets.