Ken Holding Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 12:13 pm
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Ken Holding Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 459.117 million compared to CNY 583.196 million a year ago. Operating income was CNY 9.562 million compared to operating loss of CNY 46.814 million a year ago. Net income was CNY 9.246 million compared to net loss of CNY 44.786 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.15 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.