Ken Holding Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 10:44 am
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Ken Holding Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 323.361 million compared to CNY 372.154 million a year ago. Operating income was CNY 19.973 million compared to CNY 5.305 million a year ago. Net income was CNY 19.279 million compared to CNY 5.788 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.02 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.