Ktk Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 26, 2020 at 04:40 am
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KTK Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 797.690 million compared to CNY 908.861 million a year ago. Operating income was CNY 71.788 million compared to CNY 96.204 million a year ago. Net income was CNY 74.069 million compared to CNY 85.289 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.11 a year ago.
KTK Group Co., Ltd. is a China-based company, which manufactures the products for railway transportation. The Companyâs products are mainly divided into rail transport vehicles interior products and equipment products. The Company's interior products mainly include roof, wall, floor, wall panels, luggage racks, handrails composition, air duct and other products. The Company's internal products in the domestic market has been applied to CRH series of Electric Motor Train Unit (EMU) vehicles as well as Beijing, Shanghai, Guangzhou, Shenzhen and other cities in the city rail vehicles. Products in the international market has been applied to the United Kingdom, France, Italy, Belgium, Singapore, India and other countries of the rail traffic vehicle projects. The Company's equipment products include EMU vehicle side door mechanism, kitchen system, seat and box series.
KTK GROUP CO., LTD. 
