Ken Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 06:25 am EDT
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Ken Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 160.119 million compared to CNY 84.673 million a year ago. Operating income was CNY 9.423 million compared to CNY 3.434 million a year ago. Net income was CNY 9.347 million compared to CNY 3.425 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 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.