KTK Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
August 28, 2023 at 08:57 am EDT
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KTK Group Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 1,674.15 million compared to CNY 1,669.08 million a year ago. Revenue was CNY 1,736.02 million compared to CNY 1,722.36 million a year ago.
Net income was CNY 117.27 million compared to CNY 80.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.1 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.1 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.