Ken Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 24, 2019 at 12:52 pm
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Ken Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 150.065 million compared to CNY 147.482 million a year ago. Operating loss was CNY 3.676 million compared to CNY 16.786 million a year ago. Net loss was CNY 3.676 million compared to CNY 13.047 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to CNY 0.04 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.