Ken Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 07:13 am
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Ken Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 84.673 million compared to CNY 150.065 million a year ago. Operating income was CNY 3.434 million compared to operating loss of CNY 3.676 million a year ago. Net income was CNY 3.425 million compared to net loss of CNY 3.676 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss 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.
KEN HOLDING CO., LTD. 
