Ken Holding Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 08:46 am
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Ken Holding Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 205.210 million compared to CNY 258.544 million a year ago. Operating income was CNY 17.982 million compared to CNY 3.047 million a year ago. Net income was CNY 16.617 million compared to CNY 2.913 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to 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.